Verisk: Property/Casualty Insurers See Increase in Net Underwriting Gains and Record Surplus in the First Nine Months of 2019
January 17, 2020
January 17, 2020
JERSEY CITY, New Jersey, Jan. 17 -- Verisk, a data analytics provider, issued the following news release:
The private U.S. property/casualty insurance industry saw its net underwriting gains increase to $5.4 billion in the first nine months of 2019 from $4.7 billion a year earlier, bolstered by growth in premiums and a drop in catastrophe losses, and its surplus reach a record high of $812.2 billion, according to Verisk (Nasdaq:VRSK), a leading data analytics provider, and the Ameri . . .
The private U.S. property/casualty insurance industry saw its net underwriting gains increase to $5.4 billion in the first nine months of 2019 from $4.7 billion a year earlier, bolstered by growth in premiums and a drop in catastrophe losses, and its surplus reach a record high of $812.2 billion, according to Verisk (Nasdaq:VRSK), a leading data analytics provider, and the Ameri . . .