Snapshot Of Key First-Half P&C
Stats For Private Insurers
FIRST-HALF 2011
Net Income After Taxes $4.8 Billion
Net Losses On Underwriting $24.1 Billion
Combined Ratio 110.5
LLAE From Catastrophes $23.9 Billion
FIRST-HALF 2010
Net Income After Taxes $16.8 Billion
Net Losses On Underwriting $5.1 Billion
Combined Ratio 101.7
LLAE From Catastrophes $8 Billion
E U.S. P&C PRIVATE INSURERS had a tough first half this year as
catastrophes ravaged underwriting results.
Source: ISO, III, PCI
Top Writers Of Personal Property
Florida Market Share
Citizens Property Insurance Corp.
E FLORIDA COULD SEE a shift in the top writers of personal-prop-erty insurance after State Farm Florida Insurance Co. announced
plans to nonrenew 10,000 homeowners’ policies in the state.
1.09 million
1-in-193
1. West Virginia
2. Iowa
3. South Dakota
4. Pennsylvania
5. Michigan
Total U.S. Collisions
Overall Likelihood
Source: State Farm
E WEST VIRGINIA DEER continue to find the front grill of vehicles more
than in any other state, according to State Farm claims data. But the overall
number of deer-vs.-vehicle collisions is down for the third year in a row.
European Co. Securities Suits in U.S. Courts
60%
50%
40%
30%
20%
10%
0%
2005
2006 2007 2008
2011 Q1 is annualized
2010 2011
Source: Advisen and Zurich
E EUROPEAN COMPANIES doing business in the United States are getting
a lesson in U.S. securities litigation as the number of securities suits filed
against these companies is on the rise, according to a report from Advisen.
