Swiss Re forecasts US P&C net CoR to hit 100% in 2023, 98.5% in 2024
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Swiss Re forecasts US P&C net CoR to hit 100% in 2023, 98.5% in 2024

Kyoung-son Song
June 28, 2023
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Swiss Re has projected a “significant” improvement in the industry’s net combined ratio to 100% in 2023 and 98.5% in 2024, compared with 102.4% in 2022.

In addition, it forecast the US P&C industry’s return-on-equity (ROE) to reach 8% in 2023 and 9.5% in 2024, up from 2.5%

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Kyoung-son Song
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