Private U.S. property/casualty insurers saw their net income after taxes rise to $60 billion in 2018 from $36.1 billion in 2017—a 66.3 percent increase—helped by double-digit premium growth and a significant decline in catastrophe losses, according to Verisk, a leading data analytics provider, and the American Property Casualty Insurance Association (APCIA). Net written premiums grew… Continue reading P/C Insurers Report 66% Increase in Net Income in 2018
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