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.
The net industry combined ratio for 2007 was roughly 94, compared to 92 in 2006, according to initial, unconsolidated regulatory filings published online in Highline Data's Insurance Analyst PRO database. (Highline Data is an affiliate of Summit Business Media, the parent company of National Underwriter.)
The 2007 combined ratio result is based on annual statement data filed with the National Association of Insurance Commissioners for 2,434 individual companies--84 percent of the companies expected to file for 2007.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
