U.S. Property and Casualty Insurers See Solid Performance in First Half of 2021
Verisk Analytics, Inc. (VRSK)
Last verisk analytics, inc. earnings: 2/18 04:30 pm
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Source: GlobeNewswire
JERSEY CITY, N.J., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Private property/casualty insurers in the United States posted strong net income growth in the first half of 2021 as the country continued to recover from the economic disruption caused by the COVID-19 pandemic, according to a report from Verisk (Nasdaq:VRSK), a leading global data analytics provider, and the American Property Casualty Insurance Association (APCIA). As the U.S. economy recovers from the pandemic, insurers' net income rose to $37.5 billion in the first half of the year, up from $24.3 billion in the first half of 2020. The annualized rate of return on average policyholders' surplus, a key measure of overall profitability, jumped to 7.9% in the first half of 2021, up from 5.8% in the first half of 2020. The industry's combined ratio, a measure of underwriting profitability, also improved to 96.7%. Reflecting an uptick in overall economic activity, insurers wrote $24.4 billion more in premiums during the
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VRSK
Earnings
- 2/21/24 - Miss
VRSK
Sec Filings
- 4/15/24 - Form 4
- 4/12/24 - Form 144
- 4/11/24 - Form 4
- VRSK's page on the SEC website