Browsing: P&C Insurance

A new report from Lockton highlights challenges and opportunities in the U.S. property and casualty insurance market.

The US property and casualty (P&C) insurance sector saw a significant turnaround in 2024, generating substantial profits after a challenging 2023. This recovery was fueled by premium growth, improved loss control, and strategic adjustments in the face of persistent economic and environmental pressures.

Commissioner John King assures lawmakers that the state has authority to oversee compensation agreements within the insurance industry.

A recent report indicates that a significant number of Property & Casualty (P&C) insurers in China are still operating with combined ratios exceeding 100%, although improvements are noted.

In 2024, a significant portion of Property & Casualty (P&C) insurers in China reported combined ratios exceeding 100%, indicating underwriting losses. However, the overall deficit showed signs of improvement compared to the previous year.