Private P&C insurers' net income after taxes declined by more than $13 billion in the first nine months of 2020 compared to the same period in 2019, according to a Verisk and APCIA report. (Photo: enciktepstudio/Shutterstock)
It's been nearly one year since COVID-19 was declared a global pandemic and an understanding of how much the health crisis has impacted property & casualty (P&C) insurers' profits is emerging.
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