Will P&C Insurers Recover In 2021 From The COVID-Led Slump?
The Property and Casualty Insurance industry was hit hard by the COVID-19 pandemic in 2020. Per Verisk and the American Property Casualty Insurance Association, net income of the private U.S. property/casualty insurance industry declined 26% in the first half of 2020, largely attributable to the pandemic. However, per a report in Reinsurance News, for 2021,…
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