The property/casualty industry posted a $21.2 billion underwriting loss in 2023, narrowing from the $24.9 billion underwriting loss in 2022. Facing challenges on many fronts – increases in risk exposures, emerging perils, growing natural catastrophe losses, inflation, and regulatory pressures -- the p/c industry is under increased pressure to improve its underwriting and risk selection.
Join Insurance Insider, in partnership with hyperexponential, for a free webinar, 10:30 EDT/3:30 BST on October 10, as we explore how the use of data and analytics can separate the winners from the losers in the P/C market.
Discussion questions include:
--Overview: What has driven the recent industry underwriting losses in property and casualty lines?
--What tools, data and analytics can underwriters harness to improve their results?
--How can companies make the most of data to improve strategy and portfolio steering?
--How can accurate pricing and risk selection differentiate the strong from the weak?
--The role of pricing and risk selection in the growth of E&S, MGA/MGU and program business
--How to improve the feedback loop to improve underwriting?
Panel includes:
Risa Ryan, Head of US P&C, hyperexponential
Troy Dehmann, Chief Operating Officer, Beazley
Moderator: Meg Green, Senior Editor, Insurance Insider