reserve deficiency News

P&C Reserves Improved Last Year, Pushed by Workers’ Comp

Separate reports by financial analysts concluded that property and casualty carriers improved the condition of their claim reserves in 2018, in large part because of favorable loss development in the workers’ compensation line. Keefe, Bruyette & Woods reported that property …

Commercial Insurance Reserve Deficiency Supports Continued Rate Increases

A study compiled by Aon Benfield Analytics reveals that commercial lines moved to an overall deficiency position of $0.9 billion at year end 2012 compared to an estimated $4.1 billion redundancy at year end 2011. Within the commercial lines sector, …