The Marsh Global Insurance Market Index is a proprietary measure of commercial insurance premium pricing change at renewal. The pricing change captures year-over-year pricing movement, which is measured quarterly. (Photo: Shutterstock) Adding 4.4% to the segment combined ratio, diversified commercial lines writers accounted for 72% of overall losses related to the pandemic in 1H20. (Photo: Shutterstock)

The latest mid-year report from Fitch Ratings shows operating performance for North American property & casualty insurers declined in the first half of 2020, with the ongoing coronavirus pandemic affecting underwriting results and investment earnings.

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
Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].