Overview and Outlook for the P/C Insurance Industry: Focus on Upstate New York Markets

This presentation gives a detailed overview and outlook for the property casualty (P/C) insurance industry for 2015. It begins with a look at profitability peaks and troughs for the P/C industry from 1975 through the first quarter of 2015 and makes a prediction based on history when the next peak will be. It also discusses future growth drivers, with a focus on investment performance and takes a look at the impact that capital accumulation will have on the industry. Special sections address overall capital and capacity, alternative capital, performance by segment in New York and surrounding states and recent merger and acquisition activity. It also looks at potential industry disruptors such as autonomous vehicles and the use of drones.