Property/Casualty Insurance Industry Suffered Largest-Ever Drop in Surplus in the First Quarter of 2020

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Insurance Information Institute - Jul 28, 2020

Insurers Face Multiple Challenges as Impacts of COVID-19 Continue to Unfold The surplus for the private U.S. property/casualty insurance industry dropped by $75.9 billion in the first quarter of 2020—its largest-ever quarterly decline—as the stock market suffered a major downturn, according t...

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