News
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion
May 27, 2022, 15:36 PM
by
Staff Reporters
Published on May 26, 2022 • Insurance Journal
Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry turned in a $3.8 billion underwriting loss in 2021.