U.S. P/C Industry Records $26.5 Billion Underwriting Loss in 2022 March 23, 2023 The U.S. property/casualty (P/C) industry recorded a $26.5 billion net underwriting loss in 2022, $21.5 billion more than the $5...
Q3 Combined Ratio for U.S. P/C Industry Highest in 5 Years November 23, 2022 The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter – the highest in five...
U.S. P/C Q1 2022 Underwriting Income Up 5%: AM Best May 31, 2022 AM Best reported Friday that first-quarter net underwriting income for the U.S. property/casualty industry rose 4.6% to $3.3 billion. Explaining...
P/C Insurers’ Net Income Up 60%, Combined Ratio at 97.6 for 2013: A.M. Best February 10, 2014 A relatively quiet year for catastrophes helped the U.S. property/casualty industry achieved an underwriting profit for the first time in...
P/C Industry’s 9 Month Results Show Insurers Can Handle Sandy Losses: ISO, PCI December 28, 2012 Before Hurricane Sandy hit, private U.S. property/casualty insurers’ net income after taxes grew to $27 billion in nine-months 2012 from...