US P&C underwriting income dropped over 50 percent in Q1

Net underwriting income for the US P&C industry fell 52.5 percent in first-quarter 2021 compared with the same period of last year, while the sector would have reported a 100+ combined ratio without the aid of reserve releases, according to AM Best’s analysis of preliminary financial results.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com