U.S. Property/Casualty Insurance Industry Faces Mixed 2025 Outlook Amid Economic Pressures
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3 Articles
U.S. Property/Casualty Insurance Industry Faces Mixed 2025 Outlook Amid Economic Pressures
MALVERN, PA — The U.S. property/casualty (P/C) insurance sector entered 2025 on uneven footing, with optimism in personal auto offset by ongoing challenges in homeowners and general liability lines, according to the latest joint report from the Insurance Information Institute (Triple-I) and Milliman. Personal auto remains a relative bright spot. The net combined ratio (NCR) for this segment is projected at 96.0 for 2025, signaling continued prof…
US wildfires & SCS push global insured losses to at least $100bn in H1'25: Aon
Global insured losses from catastrophe events in the first half of 2025 increased to at least $100 billion, the second highest on record after 2011’s $140 billion, driven by the Los Angeles wildfires and severe convective storm (SCS) activity in the US, reports insurance and reinsurance broker Aon. The broking group’s Catastrophe Insight team has released its first half 2025 global catastrophe recap report, which examines loss activity in the pe…
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