When adjusted for inflation, industry surplus has not recovered to the levels seen in early 2022, but despite losses similar to those in 2023, 2024's losses thus far are not reducing the surplus as they did in the past few years. (Credit: SnowElf/Adobe Stock)
Insurance industry gains for the first half of 2024 are estimated at $95 billion, according to a report from Verisk and the American Property Casualty Insurance Association (APCIA). When adjusted for the $50 billion-plus realized by one insurer, that leaves H1 gains for the industry at large at around $45 billion.
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].