Personal Lines P-C Insurance Markets: Challenges & Opportunities for 2011 & Beyond

This PowerPoint report, presented by Robert Hartwig, president of the Insurance Information Institute, focuses on challenges and opportunities that personal lines property/casualty (P/C) insurers will face this year and beyond. The presentation discusses the significant impact that the midterm 2010 elections will have on the P/C insurance industry, noting specifically their effect on state regulation (as many as half of the state insurance commissioners will be new in 2011), catastrophe financing (major supporters of the Homeowners Defense Act and the Multiperil Insurance Act were defeated) and healthcare reform. The presentation also includes sections reviewing personal lines growth by line in the U.S. and by state; personal lines growth drivers; personal lines profitability and cyclical drivers in personal lines. Other sections deal with private passenger auto performance, distribution trends and the role of cyclicality in P/C insurance profitability; premium growth; capital, capacity and financial strength; underwriting performance; and investment performance.