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Triple-I/Milliman: U.S. P/C Insurance reports best underwriting results since 2013...

The U.S. P/C insurance industry reported a net combined ratio of 96.6 in 2024 – a year-over-year improvement of 5.1 points and the industry’s best underwriting performance since 2013, according to the latest report -- Insurance Economics and Underwriting Projections: A Forward View – from the Triple-I and Milliman. See also: Triple-I Blog

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About the Industry Careers in insurance

The Triple-I highlights the wide range of career opportunities in the insurance industry and underscores its essential role in risk management. Resources for job seekers and students include The Institutes’ InsureMyPath, the Black Insurance Industry Collective and the CPCU Society Career Center.

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I.I.I. Glossary

FINANCIAL GUARANTEE INSURANCE- Covers losses from specific financial transactions and guarantees that investors in debt instruments, such as municipal bonds, receive timely payment of principal and interest if there is a default. Raises the credit rating of debt to which the guarantee is attached. Investment bankers who sell asset-backed securities, securities backed by loan portfolios, use this insurance to enhance marketability. (See Municipal bond insurance )

RECIPROCAL EXCHANGE- Unincorporated association organized to write insurance for its members, each of whom assumes a share of the risks covered.

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I.I.I. News Wire

Triple-I: P/C Insurers Are Financial First Responders Helping Customers Recover from Severe Tornado Outbreak

For Immediate Release: Press Contact: Media@iii.org   MALVERN, Pa. , May 20, 2025 – U.S. Read More

Triple-I: Resilience, Collaboration and Investment Essential to Mitigate Growing Wildfire Risk in US

For Immediate Release: California Press Office, Janet Ruiz, 707-490-9365, JanetR@iii.org   SAN DIEGO, May 19, 2025 – The Insurance Information Institute (Triple-I) today published its latest wildfire Issues Brief highlighting how fire risk is escalating across all regions of the U.S. Read More

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Events Calendar

CAS Seminar on Reinsurance
June
04
2025
Join CAS Seminar on Reinsurance at the Gaylord National Resort and Convention Center in National Harbor, Maryland, from June 4 to 6. Explore in-depth topics designed for reinsurance professionals. Gain specialized expertise through sessions on abnormal data sets, reinsurance pricing strategies, and alternative reserving methods—equipping you to confidently navigate today’s complex industry challenges. Checkout event website.
IASA Xchange™ 2025
June
08
2025
IASA Xchange™ is the premier event for insurance professionals in accounting, finance, risk management, systems, and technology. The annual event features 30+ CPE-eligible sessions, an exclusive track for executives, informative product demos, an innovative tradeshow, and multiple networking events. Checkout event website.
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