MPL profitability wanes on income drop

Profitability in medical professional liability (MPL) lines is
beginning to fade, as net income fell almost 36.6 percent to around
$1.1bn in 2015, according to AM Best.
In a report titled "Strong But Declining Profitability in
2015 for Medical Professional Liability Sector", published
earlier this week (10 May), the rating agency said the
segment's results had been dampened by declines in underwriting
and investment income and a reduction in realised capital
gains.
It added that despite the fall