Insight
Commercial auto liability: Summary of 2021 statutory financial results
We summarize year-end 2021 financial results for U.S. auto liability writers, with detailed information on premium (up 21%), loss ratios, reserves, and surplus.
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 182 bps as of the end of April 2021, up 6 basis points from the previous month, driven by a decrease in long-term interest rates. The Index Methodology provides additional details about the assumptions and methodologies underlying the Milliman Hedge Cost Index.
Insight
We summarize year-end 2021 financial results for U.S. auto liability writers, with detailed information on premium (up 21%), loss ratios, reserves, and surplus.
Hedge Cost Index April 2021
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 182 bps as of the end of April 2021, up 6 basis points from the previous month, driven by a decrease in long-term interest rates.