Day: August 27, 2020

Recession, Pandemic to Impact P/C Underwriting Results, New Report Shows

Recession, Pandemic to Impact P/C Underwriting Results, New Report Shows

August 27, 2020

The COVID-19 pandemic and the recession it started will result in no premium growth for 2020 and a deteriorated combined ratio for the property/casualty industry, according to the new report, Insurance Information Institute (Triple-I) / Milliman P/C Underwriting Projections: 2020-2022.  Sean Kevelighan Direct and net premium written will be virtually unchanged from 2019, while the industry […]

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