Homeowner segment ROE drops in hurricane states: Aon
Prospective returns to providers of homeowners' insurance in
the US fall sharply when the most hurricane-prone markets are
included in the estimates, an Aon Benfield study shows.
The industry's after-tax return on equity is expected to
drop to 4.5 percent this year from 6.7 percent in 2016, but when
carriers in states such as Florida, Texas and North Carolina are
excluded, the projected 2017 ROE jumps to 12.2 percent, the study
says.
Just taking Florida out of this year's mix...
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