The US property-casualty industry grew its net underwriting income by 28% in the first six months of the year over the first half of 2020, according to a new AM Best report.
The information is detailed in a new Best’s Special Report, titled “First Look: Six-Month 2021 Property/Casualty Financial Results.” The report’s findings are derived from companies’ six-month 2021 interim statutory statements received as of Aug. 18, representing an estimated 97% of the total P&C industry’s net premiums written.
