Property & Casualty Overview for 2018 Planning
The property and casualty (P&C) insurance industry continues to face economic and marketbased challenges. New risks demand coverage; catastrophes are surfacing in unexpected ways and experience shifts are driving casualty lines’ capital needs. In this current environment of disruption and dynamic innovation, managers must analyze all factors in order to adapt to changing opportunities. The understanding of insurance risk requires review of many cyclical drivers, some of which affect costs, while others affect revenue. An understanding of the investment environment is also crucial. In this article, we will explore the P&C industry’s operating performance, historical balance sheet and capitalization to provide insight into industry trends for strategic decision making.