Fitch Issues Report On Evaluating Property/Casualty Insurer Underwriting Performance

CHICAGO-- (BUSINESS WIRE) -- In a new report, Fitch Ratings discusses the process for evaluating property/casualty insurer underwriting performance on an absolute and relative basis utilizing statutory financial data.

Underwriting performance is a key driver of profitability for property/casualty insurers, and assessing underwriting success is a primary element in the financial review of insurers in the rating process.

As business mix by segment has a significant influence on underwriting performance, the report discusses ways to compare underwriting results versus the industry or peers adjusting for business mix. Included in the report is a comparison of accident-year underwriting results over the last 10 years for the top 25 U.S. property/casualty insurance groups based on premium volume on both a reported and premium mix adjusted basis.

To access this Special report, 'Evaluating Property/Casualty Insurers' Underwriting Performance: Business Mix Impact on Relative Results,' please visit www.fitchratings.com under Financial Institutions then Insurance then Special Reports.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.

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