P&C Insurance Achieves Best Results Since 2013; Wildfire Losses, Tariffs Threaten 2025 Prospects
Triple-I: Homeowners Insurance
MAY 15, 2025
P&C insurance industry’s financial outcomes for 2024 revealed a net combined ratio (NCR) of 96.6, Conversely, workers compensation combined ratios continued to benefit from favorable PYD for the eighth consecutive year, indicating sustained underwriting profitability. demonstrating a substantial 5.1-point
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