P-C net income plummets 48 percent. (property and casualty insurance industry's 1194 net income): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on April 3, 1995. The length of the article is 852 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Net income for the property and casualty insurance industry declined to $10.1 billion in 1994 from $19.3 billion in 1993. Catastrophe losses were attributed for the drop including the Jan 1994 earthquake in Northridge, CA. Industry analysts do not expect much of a recovery for the industry in 1995. One source observed that net growth of premiums will remain constrained due to continuing competition. Net premium income for the industry was reported at $249.8 billion in 1994 compared to $241.7 billion for 1993.

Citation Details
Title: P-C net income plummets 48 percent. (property and casualty insurance industry's 1194 net income)
Author: David C. Jones
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: April 3, 1995
Publisher: The National Underwriter Company
Issue: n14 Page: p1(2)

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