Filed Under:Markets, Commercial Lines

P&C Industry Performance by President

Under which president did the insurance industry perform best? We bet the answer surprises you. What about worst?  Does a president's political party matter when it comes to the industry's profitability?

The United States President’s political party “has marginal bearing on the profitability of the P&C insurance industry,” says Robert Hartwig, president of the Insurance Information Institute.

Speaking at the Annual Executive Conference in New York City early this month, Hartwig presented information on how the P&C industry performed under each president since 1950, based on P&C return on equity (ROE).

According to the chart, the average P&C ROE under Democrat presidents is 7.67 percent, while the average ROE under republican presidents is 7.97 percent—a “marginal” difference.

Click “next” to see under which presidential administration the P&C industry performed best and worst under.

Note: The Truman administration ROE is based on three years only, 1950-52.


16. Kennedy/Johnson (D)

1960-64

ROE: 3.55%

15. Johnson (D)

1962-68

ROE: 4.43%


14. George W. Bush (first term) (R)

2000-04

ROE: 4.83%

13. Eisenhower (second term) (R)

1956-60

ROE: 5.03%

12. Eisenhower (first term) (R)

1952-56

ROE: 5.43%

11. Obama (first term) (D)

2008-12

ROE: 6.65%

10. Truman (D)

1950-52

ROE: 6.97%

9. Nixon/Ford (R)

1972-76

ROE: 6.98%

8. Reagan (first term) (R)

1980-84

ROE: 7.68%

7. Clinton (second term) (D)

1996-2000

ROE: 7.98%

6. George H.W. Bush (R)

1988-92

ROE: 8.35%

5. Clinton (first term)(D)

1992-96

ROE: 8.65%

4. Nixon (first term) (R)

1968-72

ROE: 8.93%

3. George W. Bush (second term) (R)

2004-08

ROE: 9.40%

2. Reagan (second term) (R)

1984-88

ROE: 15.10%

1. Carter (D)

1976-80

ROE: 16.43%

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