U.S. Insurance Industry Begins to See Surplus Recovery, Boosted by First Quarter Capital Gains and Signs of U.S. Property and Casualty Firms Inching Towards Stabilization
VRSKVerisk(VRSK) GlobeNewswire News Room·2024-08-29 00:03

JERSEY CITY, N.J., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, and The American Property Casualty Insurance Association (APCIA), the primary national trade association for home, auto and business insurers, today reported that half-year 2024 gains for the insurance industry are estimated to be $95 billion. Adjusting for over $50 billion in capital gains realized by one insurer, first half 2024 gains are estimated to be approximately $45 bi ...