Insurers continued to make an underwriting profit last year, but their overall combined ratio inched up two points over 2006, according to Highline Data’s first compilation of 2007 property-casualty insurance industry data.

According to initial, unconsolidated regulatory filings published online in Highline Data’s Insurance Analyst PRO database, the net industry combined ratio for 2007 was roughly 94, compared to 92 in 2006.

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