U.S. P/C Insurers’ Net Income Increased 69% in 2018: A.M. Best

The U.S. property/casualty industry showed a year-over-year 69% increase in net income to $59.2 billion in 2018, owing to lower losses from catastrophic events, favorable development of prior years’ loss reserves and higher net investment income, ratings agency A.M. Best …

from News – Insurance Journal https://ift.tt/2ISchEj