In the July 2023 issue of Medical Liability Monitor, we summarize results from the first quarter for medical professional liability (MPL) specialty writers. This year marks our 14th year of tracking the metrics. The data used in our analysis cover 20 years and consist of aggregate statutory financial information compiled from S&P Global Market Intelligence. The current composite includes 176 MPL specialty companies with total direct written premium of more than $6.7 billion in 2022.
In this issue, we discuss the following key metrics:
- Premium growth
- Indemnity payments
- Underwriting losses versus investment gains
- Policyholders’ surplus