2023 Underwriting — A Combined Ratio Worry
The Insurance Information Institute (Triple I) and Milliman took a look at underwriting in 2023. Triple I CIO Dale Porfilio said P&C insurance will end up with a combined net ratio of 102.2. That’s a smidge below the 2022 finish of 102.4. However, Porfilio said the drop is mostly due to the poor performance of …
