US P&C industry set for lowest net combined ratio in over a decade: Triple-I/Milliman
Despite devastating wildfires in California in the first quarter of 2025, the U.S. property and casualty (P&C) insurance industry expects full-year 2025 net combined ratios (NCR) to be the lowest in more than a decade, as the Atlantic hurricane season does not make landfall in the United States. The findings are based on Insurance Economics…