Natural catastrophes are weighing down the results of American insurers

American non life insurers reported in 2016 a net cumulative result of 42.6 billion USD, a 25% decrease in comparison with the 56.8 billion USD reported in 2015.
losses

Underwritten premiums have, nonetheless, reported a slight increase of 2.7% versus a 3.5% progression in 2015.
The combined ratio has deteriorated by 2.9 points, going from 97.8% to 100.7%. this aggravated loss experience is particularly accounted for by the recurrent natural disasters.

It is worth reminding that in 2016, the United States reported 43 large-scale natural disasters, the highest record ever since 1980. Those events had set insurers back 21.6 billion USD, a 40% increase in comparison with the 15.5 billion USD reported in 2015.

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