Despite Hard Market, P/C Combined Ratio Forecast Near 104 for 2023

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Insurance Journal - Nov 06, 2023

Losses resulting from severe convective storms are expected to drive the 2023 net combined ratio for the property/casualty industry to 103.8, according to the latest underwriting projections by actuaries at the Insurance Information Institute (Triple-I) and Milliman. The hard market …...

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