P/C Insurers Improved Profitability in Year of Coronavirus: AM Best March 12, 2021 Despite the COVID-19 pandemic, the U.S. property/casualty (P/C) industry improved its overall profitability in 2020, with a 68% increase in...
Profit Lessons in Commercial Auto, Workers Comp and Other Business October 25, 2019 By Susanne Sclafane Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on...
P/C Insurers’ Profits Jump in First Half as Catastrophe Losses Drop October 4, 2012 U.S. property/casualty insurers’ net income after taxes jumped to $16.4 billion in first-half 2012 from $4.8 billion in first-half 2011,...
P/C CEOs Say Low Interest Rates Push Need for Stringent Underwriting January 17, 2012 By Young Ha The low interest-rate environment and poor investment income are pushing the need for more stringent underwriting for carriers, according to...
I.I.I. Survey: P/C Executives Expect Improved Profitability in 2012 January 11, 2012 By Young Ha Most property/casualty insurance executives believe the worst of the financial crisis is over and that the industry is now in...
Swiss Re Sees Continued Emerging Market Growth; Profitability Squeeze December 20, 2011 Insurance in emerging markets has “experienced strong growth over the past decade and the outlook for the next decade remains...
Allstate Profit Falls as Auto, Catastrophe Claims Rise February 10, 2011 Allstate Insurance net income fell 43 percent in the fourth quarter as rising claims from auto insurance customers and catastrophes...