HOW CAN THE PROPERTY/CASUALTY INDUSTRY MAKE MONEY? 2003 CAS Spring Meeting.

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Title of Session Presentation Here

Losses Paid by Property/Casualty Insurers Have Steadily Increased for Decades Total losses paid by insurers increased by $146 billion or nearly 100% from.

The nation’s eighth largest underwriter, licensed in 39 states and District of Columbia, projected to issue 286,000 policies in 2016.

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The nation’s eighth largest underwriter, licensed in 39 states and the District of Columbia, projected to issue 286,000 policies in 2016.

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Presentation transcript:

HOW CAN THE PROPERTY/CASUALTY INDUSTRY MAKE MONEY? 2003 CAS Spring Meeting

S:\29131\03EGS\FS\001\SCREENSHOW PC Overview.ppt NYO 1 P/C Insurance Industry Underwriting Results Source: A.M. Best; Slide courtesy of Insurance Information Institute. $ Billions

S:\29131\03EGS\FS\001\SCREENSHOW PC Overview.ppt NYO 2 Source: The Geneva Association; Slide courtesy of Insurance Information Institute pts U.S. P/C insurers have missed their cost of capital by an average 6.7 points since pts ROE vs. Cost of Capital: U.S. P/C Insurers

HOW C AN THE PROPERTY/CASUALTY INDUSTRY MAKE MONEY? 2003 CAS Spring Meeting

S:\29131\03EGS\FS\001\SCREENSHOW PC Overview.ppt NYO 4 PANELISTS n Gary Ransom, Fox-Pitt Kelton n Mark Shapiro, McKinsey & Company n Jay Cohen, Merrill Lynch n Len Goldberg, ALEA