>>Property and Casualty Insurers have a pay ratio of 40%...
Last time I looked most of them had payout ratios over 100% and made all of their money on investment returns. Admittedly, it was some years back that I looked. There were a few companies that made money on the premium. But if the p/o is really down to 40% they should be very profitable.
Market Data 
Markets 
AI
