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US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021

Insurance Journal

property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. “After years of consistent losses, premium growth is helping the overall …

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US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021

Insurance Journal

property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. “After years of consistent losses, premium growth is helping the overall …

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Personal Auto Driving P/C Insurers to 2024 Underwriting Profit

Insurance Journal

P/C insurance industry overall in 2024, signifying a return to underwriting profitability for the first time since 2021. According to the analysis, private passenger auto insurance … S&P Global Market Intelligence is forecasting a combined ratio of 99.2 for the U.S.

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Personal Auto Driving P/C Insurers to 2024 Underwriting Profit

Insurance Journal

P/C insurance industry overall in 2024, signifying a return to underwriting profitability for the first time since 2021. By Susanne Sclafane S&P Global Market Intelligence is forecasting a combined ratio of 99.2 for the U.S. According to the analysis, private …

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Personal Lines Turnaround Fuels US P/C Industry Underwriting Gain

Insurance Journal

A turnaround in the personal lines insurance segment results was a key driver of an overall $3.8 billion profit from underwriting for the U.S. property/casualty insurance industry, according to a new report from AM Best. Best’s Special Report, titled, “First …

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Innovating Insurance Distribution: The Role of Managing General Agents, Managing General Underwriters and Program Administrators

Insurance Journal

In the insurance industry, managing general agents (MGAs), managing general underwriters (MGUs), and program administrators (PAs) fill a critical role in facilitating the distribution and administration of specialized insurance products. This post is part of a series sponsored by Dyad.

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Enhancing Underwriting Precision with AI and Cloud Technology: A Deep Dive into SelectsysTech’s RQB Platform

Insurance Journal

In today’s fast-paced insurance industry, precision in underwriting is not just a requirement—it’s a critical factor in maintaining competitiveness and ensuring profitability. As the insurance landscape continues to evolve, traditional … This post is part of a series sponsored by Selectsys.