The past year turned out to be the most active hurricane season on record, with 30 named storms, of which six were Category 3 or higher. 2020 was the fifth consecutive year with an above-normal hurricane season. (Credit: National Oceanic and Atmospheric Administration) Adding to 2020′s catastrophe loss total, the past year turned out to be the most active hurricane season on record, with 30 named storms, of which six were Category 3 or higher.  (Credit: National Oceanic and Atmospheric Administration)

Year-end numbers are in, and for the property & casualty industry, the financial results for 2020 were dictated by the ongoing impact of the COVID-19 pandemic and catastrophe losses, a new AM Best report explains.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].