U.S. property/casualty net underwriting income plunges 86%
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Business Insurance - Nov 30, 2020
The U.S. property/casualty industry’s net underwriting income fell 86% in the first nine months of 2020, compared with the year-earlier period, to $600 million, as insurers reported COVID-19-related increases in underwriting expenses and dividends to policyholders, according to an A.M. Best report r...
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