As activity increases, the loss ratio in Non-Life insurance increases. As of March 2021, the loss ratio has grown significantly in Multi-risk, increasing by 5.88% compared to the same period of the previous year, and it has also grown in Health, although to a lesser extent (0.02%), thus breaking the trend of previous quarters.
Autos continues to fall, with a decline of 3.64%, but this decrease is becoming smaller and smaller. For example, in June 2020, the drop was close to 12%.
On the other hand, the best performance was recorded by the rest of Non-Life, whose loss ratio is at its lowest levels (-10.79%).
News Source: Grupo Aseguranza 19/05/21