2016 year-end financial results for medical professional liability specialty writers

This article concludes the seventh year of analyzing the quarterly and annual statutory financial results for a composite of medical professional liability (MPL) specialty writers. The composite’s 2016 financial results, without context, are again quite positive and represent 13 straight years of profitability. Net income remains strong, and improving investment yields are providing a boon for the composite’s investment income. However, direct written premium continues to fall and loss reserve redundancies from prior years are also in decline.

This article was originally published in the April 2017 issue of the Medical Liability Monitor.