S&P — Underwriting Profitability to Come Back in 2024
S&P Global Market Intelligence tracks all things insurance. In a new report, S&P predicts that by 2024 insurers, and the insurance industry, will return to underwriting profitability. The combined ratio is predicted to fall below the break even number of 100% sometime next year. So far, the combined ratio in 2023 is 100.8%. That’s up …
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