Recession, Pandemic to Affect P/C Underwriting Results, New Triple-I / Milliman Report Shows
August 14, 2020
August 14, 2020
NEW YORK, Aug. 14 -- The Insurance Information Institute issued the following news release on Aug. 13:
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.
Direct and net premium written will be virtually unchanged from 2019, while the indus . . .
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.
Direct and net premium written will be virtually unchanged from 2019, while the indus . . .