Steady premium growth will assist property/casualty insurers in weathering the ongoing difficulties of a volatile economy and catastrophe management, according to the most recent edition of Conning’s quarterly Property/Casualty Forecast & Analysis.
The report also notes that while the combined ratio is expected to improve, the industry is likely to underwrite at a loss for the next two years.
“Conning’s 2012 premium growth forecast now stands at three to four percent,” said Clint Harris, analyst at Conning Research & Consulting. “The f