2017 year-end financial results for medical professional liability specialty writers show continued profitability
In 2017, the medical professional liability market experienced another profitable year- with increases in net income and surplus relative to 2016, driven by promising investment performance. Favorable reserve development on prior coverage years still contributes a large portion to the healthy bottom line, as it has for more than a decade, and the decline in direct written premium has slowed.
This article was originally published in the April 2018 issue of Medical Liability Monitor.
About the Author(s)
Bradley J. Parker
2017 year-end financial results for medical professional liability specialty writers show continued profitability
In 2017, the medical professional liability market experienced another profitable year- with increases in net income and surplus relative to 2016, driven by promising investment performance.