Acuity’s financial strength provides calm in a market storm

Market turmoil continues across the P&C insurance industry, and the instability of other carriers is affecting your business.

In sharp contrast, Acuity’s 2024 results through August demonstrate our track record of stability and financial strength. Year to date, our companywide growth is nearly 21 percent, GAAP surplus growth is just under 10 percent, and total GAAP assets have grown to $7.6 billion, an all-time record.

Additionally, our combined ratio is running over 5 percentage points better than last year, putting us on track to extend our 25-year history of outperforming the industry over the long term.

Digging into the numbers, we have had astounding results in commercial lines, including nearly 60% new business growth year to date and our second-highest renewal retention. We’ve told you, “We Want Work Comp!”—and you’ve heard us, sending us more great business this year.

In personal lines, our year-to-date written premium growth is nearly 40%, with a significant increase in package policies.

Thank you for helping us achieve these results and sending us your best business. As we close out 2024, we are on track for another record-setting year that builds on our foundation of financial strength and provides calm in a market storm.