NU Online News Service, Dec. 21, 3:53 p.m. EST
The property and casualty insurance industry suffered a 3 percent slide in third-quarter net income, causing a drop in the rate of return on surplus, but nine-month results show a robust increase of 62 percent, according to a an industry report released today.
The Jersey City, N.J.-based Insurance Services Office, in conjunction with the Property Casualty Insurers Association of America and the Insurance Information Institute, released the nine-month and third-quarter p&c industry results today, saying the industry is on the road to positive growth for the year.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
