P/C Insurance Industry’s Net Income More than Doubles to $34 Billion in First-Half 2018

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Private U.S. property/casualty insurers saw their net income after taxes more than double to $34 billion in first-half 2018 from $15.5 billion in first-half 2017, with the help of lower catastrophe losses, growing premiums, and an increase in investment income, according to ISO, a Verisk business, and the Property Casualty Insurers Association of America (PCI).… Continue reading P/C Insurance Industry’s Net Income More than Doubles to $34 Billion in First-Half 2018