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Triple-I-Milliman: P/C insurance market profitability improves in 2024; expected to continue in 2025 and 2026

The U.S. P/C market in 2024 is forecast to have continued its trajectory of improving underwriting results, according to the latest report from the Triple-I and Milliman, a collaborating partner. Further premium growth and improved underwriting performance should continue in 2025 and 2026...

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New IRC report indicates that most homeowners expect to experience severe weather in future...
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Triple-I chart of the week: Triple-I forecasts p&c underlying growth above overall GDP in 2025
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Disasters + Preparedness Wildfires: insurance and recovery resources

Following a wildfire or other disaster, getting back to normal can take some time. To assist in the recovery process, the Triple-I has compiled useful information around post-disaster safety, insurance coverage questions, and detailed guidance on how to file a claim. See also, Facts + Statistics: Wildfires and When disaster strikes: preparation, response and recovery for your business.

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HBCU IMPACT: Bridging the insurance talent gap

To amplify the Triple-I commitment to Diversity, Equity, and Inclusion (DEI) in the workplace, Triple-I partnered with HBCU IMPACT®, whose mission is to increase the number of Black professionals in the insurance, risk management, financial services, and legal industries. View videos: HBCU Impact.

Cyber threats, changes in climate, and business interruption are insurance buyers’ and sellers’ top risk concerns, says new Munich Re/Triple-I survey
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Insurance Industry Insurance Economics for Property Casualty
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About the Industry Triple-I Issues Briefs: State of the risk; Trends and Insights
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I.I.I. Glossary

VOID- A policy contract that for some reason specified in the policy becomes free of all legal effect. One example under which a policy could be voided is when information a policyholder provided is proven untrue.

BROKER- An intermediary between a customer and an insurance company. Brokers typically search the market for coverage appropriate to their clients. They work on commission and usually sell commercial, not personal, insurance. In life insurance, agents must be licensed as securities brokers/dealers to sell variable annuities, which are similar to stock market-based investments.

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Triple-I-Milliman: P/C Insurance Market Profitability Improves in 2024; Expected to Continue in 2025 and 2026

For Immediate Release Triple-I: Loretta Worters, lorettaw@iii.org Milliman: Jeremy Engdahl-Johnson, jeremy.engdahl-johnson@milliman.com     MALVERN, Pa., Jan. 16, 2025 – The U.S. Read More

MEDIA ADVISORY: Triple-I Shares California Wildfire Audio Clips

Attached are audio recordings in English and Spanish to help provide assistance to insurance consumers who have been impacted by catastrophic wildfires. Read More

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Events Calendar

Emerging Leaders Conference
February
02
2025
Join the Emerging Leaders Conference February 2, 2025 – February 4, 2025 at the Tampa Marriott Water Street in Tampa, Florida. Checkout event website.
Business Insurance World Captive Forum
February
06
2025
Triple-I chief economist and data scientist Dr. Michel Léonard is presenting at the Business Insurance World Captive Forum on February 6, 2025 at the JW Marriott Orlando Grande Lakes Resort. Checkout event website.
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