Net income for publicly traded U.S. property/casualty (P/C) insurers, according to an AM Best report, more than doubled to $133.9 billion in 2021, despite numerous weather-related natural disasters, investment market volatility, and the lingering economic effects of the COVID-19 pandemic. According to AM Best’s new Best’s Special Report, “Despite Near-Record Catastrophe Losses, U.S. Property/Casualty Insurers Post… Continue reading P&C Insurers Post Strong Gains in 2021 Despite Near-Record Catastrophe Losses
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