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You are here: Home / News / A.M. Best Reports U.S. Property/Casualty Insurance Industry’s Underwriting, Net Income Increased in First-Half of the Year

A.M. Best Reports U.S. Property/Casualty Insurance Industry’s Underwriting, Net Income Increased in First-Half of the Year

August 23, 2021 By CollisionWeek Editor

The U.S. property/casualty (P/C) industry grew its net underwriting income by 28% in the first six months of 2021 compared with the same prior-year period, according to a new AM Best report.

This financial review is detailed in a new Best’s Special Report, titled, First Look: Six-Month 2021 Property/Casualty Financial Results, and the data is derived from companies’ six-month 2021 interim statutory statements that were received as of Aug. 18, 2021, representing an estimated 97% of the total P/C industry’s net premiums written. The report states that a 5.4% growth in net earned premiums and 55.3% decline in policyholder

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Filed Under: News Tagged With: A.M. Best, Earnings, Property Casualty Insurance

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