The U.S. property/casualty (P/C) industry’s net underwriting income fell by 86% in the first nine months of 2020 compared with the same prior-year period, largely due to increases in underwriting expenses and dividends to policyholders. This financial review is detailed in a new Best’s Special Report, titled, “First Look: 9-Month 2020 Property/Casualty Financial Results.” The… Continue reading Preliminary Nine-Month 2020 Results Show 86% Underwriting Income Decrease for U.S. P/C Industry
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