Insurers appear to have reported a year-over-year Q1 decline in earnings—and decelerating pricing across most lines, an inflow of third-party capital, reserve risks and volatile weather are creating a turning point for the property & casualty industry, according to recent reports.
In a Q1 review, Moody's Investors Service says its rated P&C insurers reported 11% lower earnings in Q1 2014 compared to the same period last year. Moody's attributes the drop primarily to higher weather-related losses and elevated non-catastrophe losses.
In its own Q1 recap, Keefe, Bruyette & Woods offers a mixed view of the perceived headwinds facing the P&C industry, and the firm says it is not taking a broad-brushstroke approach to the P&C sector, or even across personal lines, commercial lines, specialty, reinsurers or brokers.
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
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
