2009 saw P/C insurers' recovery from financial crisis

07/25/2010 | PropertyCasualty360

The P/C insurance industry in 2009 recouped its losses from the global financial crisis, with its net income totaling more than $30 billion, according to figures from Highline Data. Industry data show that despite a 3.8% decline in net written premiums last year, the P/C sector's combined ratio improved to 101 in 2009, compared with 105 in 2008.

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