U.S. P&C industry marks first half of 2017 with $5.1 billion underwriting loss

By Elana Ashanti Jefferson | September 01, 2017 at 08:30 AM

Despite a marked decline in net income during the first half of 2017, the property and casualty industry surplus reached a record high. Here's why.

American property and casualty industry A.M. Best “A.M. Best First Look,” Related: Top 10 causes of liability loss by total value of claims, from 2011 to 2016 [infographic] Related: Auto premium increases put strain on insurers' customer satisfaction retroactive reinsurance contract Related: Embrace the shift! Transforming the insurance industry from the outside-in Auto insurance stability offsets property line volatility

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