U.S. Property/Casualt Results by Line-2007

August 2008
Best's Review;Aug2008, Vol. 109 Issue 4, p78
Trade Publication
The article offers information on the performance of the property/casualty insurance in the U.S. from 2006-2007. Data reveals that the industry's net income fell almost 7% to $66.5 billion from $71.3 billion in 2006 while the industry's after-tax return on equity slipped to 13% in 2007 from its 15.3% in 2006. The U.S. property/casualty industry recorded its second consecutive underwriting profit in 2007, posting a $22.1 billion profit, as compared with $32 billion in 2006.


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