P/C Reserves: Redundant…Barely (Mar ’25)

Redundant…Barely, the title of our Assured Report on P/C insurance loss reserves, recognizes that our estimated redundancy – at $1.9 billion or 0.2% of carried YE24 loss reserves – is basically down to the flip of a coin as to the eventual outcome. The industry’s good guys and bad guys are largely the same: Good = WC, Bad = liability and commercial auto. The reason for our smaller estimated redundancy this year: The Bad are worse and the Good became less good. Reach out to initiate a trial and receive this work.