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

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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...

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