NEW YORK--While underwriting results have started todeteriorate, property-casualty insurers will still make about $28billion in underwriting profits this year, the president of theInsurance Information Institute said.

Robert P. Hartwig, president of the New York-based I.I.I.,shared the estimate with a group of over 100 area actuaries at ameeting of the Casualty Actuaries of Greater New York onThursday.

The expected underwriting profit figure for 2007 is down from$31.7 billion in 2006, Mr. Hartwig said.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.