Overview and Outlook for the P/C Insurance Industry for 2014 and Beyond
This PowerPoint report, presented by Robert Hartwig, president of the Insurance Information Institute, before the Philadelphia Reinsurance Symposium, provides an overview and outlook of the commercial property/casualty insurance industry for 2014 and beyond. Sections focus on growth, expected to be modest into 2014 both for commercial and personal lines; return on equity growth; economic growth; and large-scale, untapped reservoirs of risk, a section that notes that only 50 to 60 percent of U.S. cat losses are insured. The presentation also looks at the tapering of prior-year reserve releases.
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