P/C Insurers’ Boost Net Income But Extreme Weather Hurts Underwriting in Q1

Private property/casualty insurers in the U.S. saw their net income after taxes increase significantly in the first quarter to $20 billion from $17.9 billion in the first quarter of 2020. Growth was fueled, in part, by an increase in realized …

from News – Insurance Journal https://ift.tt/3iZHeY5