PC First Half, 'Good, Bad and Ugly'
NU Online News Service, Sept. 26, 10:13 a.m. EST?The U.S. property and casualty industry's net income after taxes rose 66.4 percent in first-half 2002, even as net worth of the firms was sagging, according to a study by two insurer groups.
Insurance Services Office Inc. in Jersey City, N.J., and the National Association of Independent Insurers in Des Plaines, Ill., reported net income for the sector increased to $4.6 billion from $2.8 billion in first-half 2001, primarily because of improved underwriting results.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
