P-C ins. rate of return lags behind Fortune 500.(Insurance Services Office Inc. report on the property and casualty insurance industry)

National Underwriter Property & Casualty-Risk & Benefits Management, July, 1996

The property-casualty insurance industry achieved an after-tax net income of $20.1 billion in 1995, but the industry's 8.2 percent return on average net worth still trailed the Fortune 500 companies' estimated 14.8 percent median return, an industry, study has found. The p-c insurance industry's return on net worth in 1995 also significantly trailed the industry's own long-term average of 10.7 percent, according to a study issued by the New York-based Insurance Services Office.

A $4.9 billion decrease in underwriting losses and increases in realized capital gains and investment income were the main reasons the industry's profits rose $9.3 billion to $20.1 billion last year, according to the study, "Insurer Financial Results: 1995." Realized capital gains rose...

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