商业保险2025年第一季度更新：定价与盈利能力

Pricing and profitability 2025 Q1 update Now more than ever, price monitoring is key Most of the lines continued to have moderate tosignificant rate increases in Q1 Loss ratios continue to develop favorably in 2025 In this context, reliableinformation on how yourcompany compares to themarketplace is crucial CLIPS is WTW’s U.S. commercial linespricing and profitability survey Information comes directly from carriers Only participants receive the detailedsurvey results CLIPS gives participants more and better historicalinformation 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 Submitted data are reviewed for reasonableness and consistency but not audited CLIPS information is collected and reported at line ofbusiness and account size level Middle marketcommercial Specialtycommercial lines Large accountcommercial Small commercial* •Workers’compensation−First dollar−LDD and excess•Commercial auto−First dollar−LDD and excess•Commercial property•Cyber•General/productsliability•Excess/umbrellaliability •Workers’compensation−First dollar−LDD and excess•Auto liability•Auto physicaldamage•Package CMP/BOP•Commercial property•Cyber•General/products liability•Excess/umbrella liability •Workers’compensation•Auto liability•Auto physicaldamage•Package CMP/BOP•Commercial property•General/productsliability•Excess/umbrella liability •Professional liability −Medical−Lawyers−Architectsand engineers−Other•Directors andofficers’ liability•Employmentpractices liability•Surety bonds•Contract•Other Investment analysts useCLIPS to take the pulseof the industry …WTW’s survey takes the commerciallines writers’ view (what they have donewith pricing and how that impactsprofitability). We think the WTW surveywill be a better benchmark for investors(and management). Insurance industry investment analyst,quoting CLIPS results shortly after launch Current participants—and their shareholders—benefit from insightsfrom CLIPS …We continue to focus on balancingprice and retention in this competitivemarket... Of the various commercial linesindustry pricing surveys, wefavortheWTW CLIPS survey because of its datacollection methodology... Participating company CFOquarterly earningsconference call How to find out more AlejandraNolibosFCAS, MAAA Managing DirectorMiamiPhone:786 552 1130E-mail:alejandra.nolibos@wtwco.com Yi Jing FCAS, MAAA Senior DirectorHartfordPhone:860 843 7159E-mail:yi.jing@wtwco.com Visit:www.wtwco.com Thank you.