Swiss Re: Global P&C RoE dropped to 7.2% in 2015
The overall profitability of the non-life insurance sector
declined in 2015 as it slipped to a 7.2 percent return on equity
(RoE), compared to 9 percent the previous year, according to
figures from Swiss Re.
According to the reinsurer's latest Sigma report,
underwriting profitability across the US, Canada, UK, Germany,
France, Italy, Japan and Australia deteriorated, with the aggregate
combined ratio widening to 98.9 percent in 2015 from 97.6 percent
in 2014.
Investment income as a percentage of
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