TITLE

P&C Earnings Rose 11.7% in 2005 Despite Storm Losses

AUTHOR(S)
Fine, Jacob
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/26/2006, Vol. 356 Issue 32368, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Property Casualty Insurers Association of America and the Insurance Services Office Inc. has accounted that the property and casualty insurers has managed to increase their earnings and add to their capital base in 2005 despite losses due to the hurricanes that swept the Gulf Coast in the U.S. It is accounted that the industry's net income after taxes rose 4.5 billion dollars to 43 billion dollars in 2005. Moreover, the insurer's consolidated surplus has also increased.
ACCESSION #
20708079

 

Related Articles

  • Buyers, insurers need stability. Winston, Paul // Business Insurance;5/3/2004, Vol. 38 Issue 18, p6 

    This is the time of the year when some of the largest property/casualty insurers release their first-quarter results. The profits reported last week were generally much stronger compared with a year earlier. This follows the release in March of full-year results for 2003, which were also quite...

  • Soft Market Starts Taking Its Toll.  // National Underwriter / P&C;4/14/2008, Vol. 112 Issue 14, p8 

    The article focuses on the findings of the report released by the Insurance Services Office and the Property Casualty Insurers Association regarding the performance of insurance companies in the U.S. as of the fourth quarter of 2007. The report suggests a 36.2 percent decline in...

  • 2001 Will Be Pivotal For Insurer Recovery. Hartwig, Robert P. // National Underwriter / Property & Casualty Risk & Benefits Manag;01/15/2001, Vol. 105 Issue 3, p10 

    Features the 1999 and 2000 financial performance of the property-casualty insurance industry in the United States released by the Insurance Services Office and the National Association of Independent Insurers. Stocks of property-casualty insurance companies; Significance of pricing for the...

  • P-C industry reports solid first qtr., but analysts remain pessimistic. Sclafane, Susanne // National Underwriter / Property & Casualty Risk & Benefits Manag;06/09/97, Vol. 101 Issue 23, p2 

    Analyses the financial status of the property-casualty insurance industry for the first half of 1997. Reference to figures released by the New York-based Insurance Services Office Incorporated and the National Association of Independent Insurers; Comments made by CNA Chairman and Chief...

  • Industry Posts Record Profits.  // Claims;Nov2005, Vol. 53 Issue 11, p12 

    Reports on the increase in net income of the U.S. property and casualty insurance industry in the first half of 2005, according to the Insurance Services Office and the Property Casualty Insurers Association of America. Percentage of increase in net gains on underwriting and net investment...

  • P/C Profitability: the Long-Term View. Braithwaite, Paul // Journal of Insurance Regulation;Sep87, Vol. 6 Issue 1, p96 

    The author explains the findings of Insurance Services Office Inc. about the financial conditions in the P/C insurance industry and concludes that although the P/C insurance industry has made impressive strides in profits, its long-term profitability still lags behind that of other industries....

  • Quiet Storm Season Gives Insurers Plenty of Cash to Spend. Fine, Jacob // Bond Buyer;10/6/2006, Vol. 358 Issue 32482, p7 

    The article reports on the opportunity of the property and casualty insurers to produce their best underwriting results since the 2006 hurricane season in the U.S. is over. In a data provided by the Insurance Services Office and Property Casualty Insurers Association, 92% totaled from the key...

  • P&C Insurers See Dramatic Turnaround In Net Income, But Warning Signs Abound. Ruquet, Mark E. // National Underwriter / P&C;1/4/2010, Vol. 114 Issue 1, p6 

    The article reports on the result of the study conducted by Insurance Services Office Inc. on the market performance of the property and casualty insurance industry in the U.S. It states that the industry has experienced an increase in net income during the first three quarters of 2009. It adds...

  • Q1 Catastrophe Losses Tallied, Insured Losses to Increase in Future Years.  // Insurance Advocate;5/8/2006, Vol. 117 Issue 10, p22 

    The article reports on the statement by the United States Insurance Services Office's Property Claim Services that the country's property and casualty insurers are expected to pay an estimated $1.38 billion to homeowners and businesses in insured property losses in 2006 due to seven catastrophe...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics