Breaking News: P/C Insurers’ Profits Fell in Q1 as Underwriting Losses Grew

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June 22, 2011 Breaking News Alert P/C Insurers' Profits Fell in Q1 as Underwriting Losses Grew Read the full story Private U.S. property/casualty insurers' net income after taxes dropped to $7.8 billion in first-quarter 2011 from $8.9 billion in first-quarter 2010, with insurers' annualized rate of return on average policyholders' surplus decreasing to 5.6 percent from 6.8 percent. Reflecting insurers' $7.8 billion in net income after taxes, policyholders' surplus rose $7.8 billion, or 1.4 percent, to a record $564.7 billion at March 31, 2011, from $556.9 billion at December 31, 2010. Read the full story Send to a Friend Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2011 by Wells Publishing, Inc.