This class will introduce participants to the basic financial elements used by credit analysts to measure the financial position of both the broad U.S. property & casualty industry and explain how such knowledge can be of benefit to an insurance professional in his or her practice.

It will then present an overview of the current financial state of this industry and highlight reasons for the current hardening market cycle, including a discussion of where rates may be heading in 2021 and beyond.

Lastly, we will provide some real-time analytics on the current financial performance of different subsectors of the U.S. property and casualty industry.

By the end of this session, you should be able to:

• Develop a basic understanding of key financial metrics impacting the pricing cycle of the property & casualty industry.
• Understand the current financial standing of the U.S. P&C industry broadly and what this might mean for rates moving forward.
• See what particular sectors of the U.S. P&C industry are under greater financial pressure at present and how insurers are responding.
• See how a basic understanding of key financial metrics for the industry/individual insurers can help you in your interaction with clients.