1992 premium distribution
Article Abstract:
Insurance companies in the US during the 1st qtr 1993 only experienced a 3% growth in premiums. Premium growth over the previous six years in this time frame showed a 4% growth. All commercial premium lines have been declining, but have previously been offset by the growth in workers's compensation premiums until 1992, when worker's comp premiums dropped 7.5%. Personal line premiums continued their previous six-year growth trend and turned in a 6.6% growth rate for 1992.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1993
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Five-year review of admitted assets
Article Abstract:
Asset growth in the property and casualty insurance industry for 1992 is expected to be between 6% and 7%. This rate is slightly less than 1991's 8% rate of growth but is better than 1990's rate of 5.5%. No longer is the industry experiencing the double-digit growth that was common in the 1980s. The nearly 3-point increase in 1991 was due to an upturn in investment results by insurance company stock portfolios. Insurance company assets rankings are provided.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
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