Highline Data's first compilation of regulators' 2006 property-casualty insurance industry results reveals that insurers profited from an eight-point drop in the overall combined ratio last year.
According to initial, unconsolidated regulatory filings published online in Highline Data's Insurance Analyst PRO database, the 2006 net industry combined ratio was about 92, down from 100 in 2005.
The 2006 result is based on annual statement data filed with the National Association of Insurance Commissioners for 2,636 individual companies–95 percent of the companies expected to file for 2005.
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