Private P/C insurers’ net income up slightly in 2021

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Business Insurance - May 26, 2022

Private U.S. property/casualty insurers’ net income rose slightly to $61.9 billion in 2021 from $60.3 billion in 2020, but the groups’ combined ratio deteriorated to 99.6% from 98.6%, according to a report released Thursday by Verisk Inc. and the American Property Casualty Insurance Association....

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