This PowerPoint report provides the property/casualty (P/C) insurance industry overview and outlook for 2016. The report notes that 2013-2015 were three good consecutive years for the industry and predicts that the trend might continue into 2016. In 2015 the P/C Industry net income after taxes was $56.6 million. The history of profitability peaks and troughs in the P/C Insurance Industry suggests that the next ROE peak will be in 2016-2017. However, the report found that to be unlikely. The presentation predicts that there will be modest economic growth from 2016-2017. Since the Great Recession, even 3 percent real growth (at an annual rate) in a quarter has been unusual. Through 2016 Q2, it happened only 7 times in 28 quarters—and not once in the most recent 7 quarters. The report examines several factors influencing personal lines of insurance, assesses inflation and claims and concludes with a review of employment trends.
Please click on the file name below to view the presentations. Once open, you can choose "file" from your menu and then save the PowerPoint presentation to your disk. The presentation also is available in Adobe Acrobat format. The Adobe Acrobat file is smaller and faster to download. However, you do need the appropriate software to view.
You can download Adobe Acrobat Reader, free of charge, from the Adobe website (https://www.adobe.com/products/acrobat/readstep.html).
Note: Printer fonts may vary by browser and version of Adobe Reader.