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 Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Acies enters marine market with ports and terminals MGA launch

Scor improves P&C combined ratio significantly in Q2

Markel lifts underwriting and investment to boost Q2 operating income 40%

SiriusPoint trims reinsurance book as CEO warns of market headwinds

WTW maintains 5% organic revenue growth in second quarter

Everest Group combined ratio worsens to 92% in Q2

Greenlight Re secures Lloyd’s approval to expand Syndicate 3456

Axis Capital sees premium gains from Middle East conflict, despite war losses

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

More on this story

Editor's picks

Editor's picks

More articles