Direct premiums surged 73.9% in five years — reaching $23.2B in 2024 — as catastrophe losses, carrier retreats, and climate-driven repricing reshaped the market. With the national loss ratio now at a historic low of 40.6%, who is winning, who is struggling, and where does the market go next?
Direct premiums surged 73.9% in five years — reaching $23.2B in 2024 — as catastrophe losses, carrier retreats, and climate-driven repricing reshaped the market.
With the national loss ratio now at a historic low of 40.6%, who is winning, who is struggling, and where does the market go next?
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Direct premiums surged 73.9% in five years — reaching $23.2B in 2024 — as catastrophe losses, carrier retreats, and climate-driven repricing reshaped the market. With the national loss ratio now at a historic low of 40.6%, who is winning, who is struggling, and where does the market go next?
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