Building on record results.(Property/Casualty: Leading Writers)(Financial report)

Best's Review, August, 2007

Building on record profits in 2006, the U.S. property/casualty industry continued favorable trends in the first quarter of 2007, posting net income after taxes of $16.7 billion. Despite an increasingly competitive marketplace and across-the-board softening, A.M. Best Co. remains optimistic about the industry's underwriting results over the near term. Assuming catastrophe losses are normal, A.M. Best still believes the U.S. property/casualty industry is well positioned for favorable underwriting results at year-end 2007. While the industry sustained solid operating results, competition continues to intensify in virtually all personal and commercial lines.

2006 Direct Premiums Written by Line--U.S. Property/Casualty

($ Thousands)

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