9 May 2017Insurance

US P&C insurers suffer $4.7bn underwriting loss in 2016

US property and casualty insurers reported a $4.7 billion net underwriting loss in 2016, com-pared to an $8.9 billion net underwriting gain in 2015. Their net income after taxes dropped 25 percent to $42.6 billion from $56.8 billion the previous year.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

Optio wraps up acquisition of Dutch and Belgian MGA Den Hartigh

Zurich seeks to sidestep US casualty woes with move into mid-market

Allstate faces $4.8bn YTD cat losses

Property looks perma-hard, but never care-free, says Zurich’s Greco

Allianz Commercial flags rising nuclear verdicts on loss trends watchlist

Zurich may slash life segment reinsurance buys to hold more margin

Markel snags Aegis London underwriter to bolster marine cargo portfolio

ACORD taps London market specialist to guide growth strategy

US P&C insurers suffer $4.7bn underwriting loss in 2016

Editor's picks

Editor's picks

More articles