Insurer rate of return cut nearly in half for '94.

National Underwriter Property & Casualty-Risk & Benefits Management, July, 1995 by Jones, David C.

Wall Street and Mother Nature combined last year to nearly cut in half the rate of return for U.S. property and casualty insurers, an industry study has found. The property-casualty industry's rate of return for 1994 dropped to 5.5 percent from 10.4 percent in 1993, according to a report by the New York-based Insurance Services Office.

The ISO study-- "Insurer Financial Results: 1994"--found that the industry's rate of return for last year was less than half the 13.7 percent median return on net worth of the Fortune 500 companies. This marks the 10th time since 1983 that ...