CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / U.S. Property/Casualty Insurance Industry Sees Slight Decline in Net Income During First Half of 2019

U.S. Property/Casualty Insurance Industry Sees Slight Decline in Net Income During First Half of 2019

October 15, 2019 By CollisionWeek Editor

Surplus sets new record as stock market recovers from downturn.

Private U.S. property/casualty insurers’ net income after taxes and underwriting gains remained strong despite small declines compared with the prior year, according to Verisk (NASDAQ:VRSK) and the American Property Casualty Insurance Association (APCIA). Net income after taxes declined to $32.8 billion for the first half of 2019 from $34.0 billion a year earlier, and net underwriting gains declined to $5.4 billion from $6.0 billion in first-half 2018.

Property Casualty Insurance Net Income First Half 2019

The industry’s surplus reached a new record of $802.2 billion in the first half of 2019, pushed up by insurers’ income and unrealized

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: American Property Casualty Insurance Association, Combined Ratio, Earnings, Property Casualty Insurance, Verisk

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Headlight Glare Remains Minor Crash Factor Despite Driver Complaints October 16, 2025
  • I-CAR to Showcase Mixed Reality Training, Technical Courses at SEMA Show October 16, 2025
  • IAA Expands Latin American Operations with Guatemala Alliance October 16, 2025
  • Rob Cochran Elected 2026 NADA Chairman October 16, 2025
  • NY Attorney General Secures $14.2 Million From Eight Insurers Over Data Breaches October 15, 2025
  • Kemper CEO Lacher Steps Down After Nearly 10 Years October 15, 2025
  • Go-Parts CEO Calls for Passage of Federal Right-to-Repair Legislation Amid Rising Collision Repair Costs October 15, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in