Property & casualty industry aggregate. Property & casualty industry aggregate. (Source: Fitch Ratings/SNL Financial)

Underwriting losses in the U.S. P&C personal lines segment moved higher for the fourth straight year in 2017, though this time another segment drove the increase, according to Fitch Ratings in a new report.

Personal lines are the largest major segment in the P&C industry representing 55% of industry net written premiums. The industry statutory personal lines combined ratio rose to 103.8% in 2017 despite moderate improvement in the personal auto segment.


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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].

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