Underwriting resurgence yields rare profit
Article Abstract:
The property and casualty insurance industry saw above-average growth in the workers' compensation insurers' niche. The niche, which posted the first underwriting profit in more than a decade, saw its combined ratio drop 4.4 points to 97 after policyholder dividends; its policyholders' dividend ratio decline .3 points to 6; and its loss adjustment expense ratio by .6 to 12.5. A 16% decrease in incurred losses were the primary reason for the improvements.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1996
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Inland marine study: underwriting losses continue in 1994
Article Abstract:
Inland marine insurance companies had a loss of $110.8 million in 1994, an increase of 4.3% over the 1993 loss of $106.2 million. Inland marine insurance companies had a gain for the last time in 1991 and it reached $167.4 million. Investment income has also continued to decline to $25.6 million in 1994 from $177.9 million in 1990.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1995
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- Abstracts: Underwriting update - no pain, no claim? Easing the strain of back injuries. Will the ADA disable workers' compensation?
- Abstracts: Underwriting profits dip for surety and fidelity. Lower claims boosted 1995 underwriting profits. Underwriting losses persisted in 1994
- Abstracts: Long-term commitments. Team approach can hold underwriting costs
- Abstracts: 1994 results hold steady with stable losses. Losses surge in 1994 to $16 billion
- Abstracts: Segment's prospects are slipping. Greater risks, uncertain rewards. Breaking away from rate regulation