Thursday, October 06, 2005
Property-Casualty Insurers' Profits Soar
Profits for U.S. property-casualty insurers soared 29 percent in the first half of this year, to a record $30.9 billion, and fed the industry's surplus, which will be tapped to help pay Hurricane Katrina's toll.The six months of net income pushed the surplus - the industry's financial cushion that is the difference between assets and liabilities - to $412.5 billion at the end of June, industry organizations reported Wednesday.
Property-Casualty Insurers' Profits Soar
Source: Hartford Courant
Property-Casualty Insurers' Profits Soar
Source: Hartford Courant
Permalink posted by armandn @ 8:44 AM 
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