X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Net underwriting losses jumped to $20.9 billion in nine-months 2017 from $1.7 billion a year earlier. (Photo: Shutterstock)

Private U.S. property & casualty insurers’ net income after taxes dropped to $22.4 billion in nine-months 2017 from $32.1 billion in nine-months 2016 and its overall profitability declined to 4.2% from 6.3%, according to a report from ISO, a Verisk business, and the Property Casualty Insurers Association of America (PCI). 

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 © 2019 ALM Media Properties, LLC. All Rights Reserved.