US P&C industry achieves best underwriting result in over a decade in 2024: Milliman

Share!

Reinsurance News - May 16, 2025

Milliman, a consulting and actuarial firm, reports that the US property & casualty (P&C) insurance industry achieved its strongest underwriting performance since 2013 in 2024. The net combined ratio (NCR) for the year stood at 96.6, representing a 5.1-point improvement from the previous year...

Read Full Article

Recommended Articles

Despite property rates moderating, we’re not going to see a change of direction: Conduit CEO

Posted: Jul 30, 2025

Neil Eckert, CEO of Bermuda-based reinsurer Conduit Re, was a little surprised at the slight upside...

Cover Whale raises $40m from Morgan Stanley to support expansion

Posted: Jul 30, 2025

Cover Whale Insurance Solutions, Inc., a commercial auto insurtech, has raised $40 million in equity...

BMS promotes Kian Wookey to MD, Bermuda Product Line Development

Posted: Jul 30, 2025

BMS, an independent insurance and reinsurance broker, has announced the promotion of Kian Wookey to...