Thank you for sharing!

Your article was successfully shared with the contacts you provided.

P-C Industry Bottom Line Profits Soar

NU Online News Service, April 14, 3:03 p.m. EDT?A sharp decline in underwriting losses with premium growth nearly hitting double-digits sent property-casualty insurers’ net income soaring to $29.9 billion last year?almost 10 times the $3 billion recorded in 2002, while boosting statutory surplus by 21.6 percent, two insurance industry groups reported.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.