November 2017
Ransomware.
Will your business be the next hostage?
ALIRT
FINANCIAL REPORT • OCTOBER 2017
The P&C industry reported slightly better underwriting results in the first six months of 2017 versus year-end 2016, as substantial reserve releases offset a sharp deterioration in the 2017 accident year result (impacted by sizeable weather-related losses in the period). Annualized operating earnings and returns in the first six months of 2017 were flat relative to year-end 2016. Surplus showed decent growth, while direct and net premiums both grew over 3%. Total investment return increased notably, in part due to solid net capital gains, while the net investment yield continued to decline.
JUNE 2017
