X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Catastrophes caused significant 2011 first-half underwriting losses for U.S. property-and-casualty insurers, driving the industry’s net income for that time period to $6.9 billion—down 67 percent relative to the year before, according to an A.M. Best special report.

A.M. Best adds in its report, “U.S. Property/Casualty—6-Months Underwriting Trends,” that the industry is likely to remain under pressure for the remainder of 2011 as underwriting results are expected to remain weak, commercial lines are expected to remain competitive and investment yields are expected to remain low.

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

INCLUDED IN A DIGITAL MEMBERSHIP:

  • 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?

 

PropertyCasualty360

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.