WTW-2024年二季度调查商业保险定价和盈利能力（英）

wtwco.comSurveying commercial insurance2024 Q2 UpdatePricing and profitability© 2024 WTW. Proprietary and confidential. For WTW and WTW client use only.wtwco.comNow more than ever, price monitoring is key© 2024 WTW. Proprietary and confidential. For WTW and WTW client use only.How are prices affected by changes in investment income?What is really happening to underwriting results?How does pricing compare to industry?How are loss costs changing?Economic Uncertaintywtwco.comMost of the lines continued to have moderate to significant rate increases in Q2Year-over-year price level change© 2024 WTW. Proprietary and confidential. For WTW and WTW client use only.0%1%2%3%4%5%6%7%8%9%2022-22022-32022-42023-12023-22023-32023-42024-12024-2wtwco.comLoss ratios continue to develop favorably in 2024(2.4%)(2.1%)-5.0%-4.0%-3.0%-2.0%-1.0%0.0%1.0%2022-20232023-2024Change in earned loss ratiosSource: 2024 Q2 CLIPS.© 2024 WTW. Proprietary and confidential. For WTW and WTW client use only.wtwco.com• CLIPS is WTW’s U.S. commercial lines pricing and profitability survey• Information comes directly from carriers• Data-based• Free• Confidential• Only participants receive the detailed survey results© 2024 WTW. Proprietary and confidential. For WTW and WTW client use only.In this context, reliable information on how your company compares to the marketplace is crucialwtwco.comCLIPS gives participants more and better historical information on pricing and profitability• We collect information from participating companies each quarter– Estimated price changes by quarter for the last two years•Year-over-year percentage changes•Including the effects of coverage changes as well as rates•Including new business if available– Estimated increases in loss costs by year for the last two years• We deliver customized summary results back to the participants© 2024 WTW. Proprietary and confidential. For WTW and WTW client use only.Submitted data are reviewed for reasonableness and consistency but not auditedOctober 1October 31December 10January 2Survey call distributedSurvey submission deadlineSurvey results distributedwtwco.comCLIPS information is collected and reported at line of business and account size level© 2024 WTW. Proprietary and confidential. For WTW and WTW client use only.Small commercial*Middle market commercialLarge account commercialSpecialty commercial linesWorkers’ compensationAuto liabilityAuto physical damagePackage CMP/BOPCommercial propertyGeneral/products liabilityExcess/umbrella liabilityWorkers’ compensation• First dollar• LDD and excessAuto liabilityAuto physical damagePackage CMP/BOPCommercial propertyCyberGeneral/products liabilityExcess/umbrella liabilityWorkers’ compensation• First dollar• LDD and excessCommercial auto• First dollar• LDD and excessCommercial propertyCyberGeneral/products liabilityExcess/umbrella liabilityProfessional liability• Medical• Lawyers• Architects and engineers• OtherDirectors and officers' liabilityEmployment practices liabilitySu