Election Impact

If you’re still undecided over which presidential candidate to vote for tomorrow, it may surprise you to learn that the party of the President has just a marginal impact on the property/casualty insurance industry’s return on equity (ROE). In an analysis of the industry’s ROE by Presidential party affiliation from 1950 to 2008, the I.I.I. has found that the overall record during those years was an ROE of 8.05 percent for Democratic and 8.02 percent for Republican Administrations. The top average industry ROEs were produced during the Carter (16.43 percent), Reagan II (15.10 percent) and G.W. Bush II (9.88 percent) Administrations. Check out the I.I.I. findings here. Don’t forget to vote!

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