The property & casualty insurance industry saw profitability averages around 7% for the period spanning 2014-2019, according to AdvisorSmith Solutions, Inc., which noted in the final year of review the industry saw approximately $687.5 billion in direct written premiums.

However, the profitability on a per-line basis swings pretty wildly, from a low of 1% of net worth to a high of slightly more than 30%.

While not figured into this ranking, the P&C industry saw overall profitability grow in 2020, according to AM Best. Additionally, commercial rates were up around 7% during the first quarter.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

Commercial Lines
E&S/Specialty
Personal Lines
Workers' Comp