property casualty profits News

P/C Insurers Report $1.7B Underwriting Loss in First 9 Months of 2016

Private U.S. property/casualty insurers suffered a $1.7 billion net underwriting loss in the first nine months of 2016-following a $7.3 billion net underwriting gain in nine-months 2015-and experienced a drop in net income after taxes to $31.8 billion from $44.1 …

P/C Insurer Profitability Up, Combined Ratio Down in First Nine Months of 2015

Private U.S. property/casualty insurers’ net income after taxes grew to $44.0 billion in the first nine months of 2015 from $37.8 billion in nine-months 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus …

P/C Insurer Profits Grew by $5B in First Half of 2015 Compared to 2014

Private U.S. property/casualty insurers’ net income after taxes grew to $31.0 billion in first-half 2015 from $26.0 billion in first-half 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus growing to 9.2 percent …