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P&C insurance industry suffers largest-ever drop in surplus in Q1 2020
By Denny JacobThe surplus fell to $771.9 billion as of March 31, 2020, from the record-high $847.8 billion at the end of 2019.
News and information for property & casualty insurance agents & brokers on coverage and policy issues, including policy analysis related to whether a client’s loss is covered. Coverage questions are answered as to who is liable in the event of a loss, in order to most effectively serve the client when a claim is filed.
The surplus fell to $771.9 billion as of March 31, 2020, from the record-high $847.8 billion at the end of 2019.