Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018
Accident-year ex-cat loss ratios continue to inflate in Q4
- 6 February 2018
Underlying loss ratios in the fourth quarter increased at all but one of the P&C (re)insurers in our study, highlighting the prevalent trend of loss-cost inflation running ahead of earned rate.
Validus posted the largest attritional loss ratio increase as the measure took on 10.5 points year on year to reach 60.3 percent during the period.
The Bermudian noted that the increase was primarily due to a shift in business mix because of the addition of Crop Risk Services, but...
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