Investor Presentation FY2018
Page 8 | Investor Presentation
[intact]
P&C industry 12-month outlook'
We expect growth at a mid-to-
upper single-digit level in
personal auto
The market is hard with rate actions continuing, tightening of
capacity and further increases in residual market volumes
१
We expect mid-to-upper single-
digit growth in personal property
We expect that the severe winter weather will lead to
further hardening of market conditions
We expect upper single-digit to
low-double digit growth in
commercial lines Canada
Market conditions are hard, with industry combined
ratios above 100% in 2018 and Q1-2019
島
We expect single-digit growth in
U.S. commercial lines
The market remains competitive but is firming, with
improving upward pricing trends continuing
Volatility in capital markets may put some pressure on investment market
values and capital levels
Overall the Canadian industry's ROE is expected to improve but remain below its
long-term average of 10% over the next 12 months.
1 Refer to Section 6 - P&C Insurance Industry Outlook of the Q2-2019 MD&AView entire presentation