Among the characteristics that make the insurance business the granddaddy of financial services: Insurers are keen to the evolving needs of their clients and the way an ever-changing world impacts their business. Here, property and casualty insurance professionals will find valuable news and information for their specialty market clients.
However, the industry's profitability, premium growth and underwriting ratios all preformed better than the long-term historical average, and policyholders' surplus reached record levels.
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