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AM Best predicts $31bn US P/C 2009 profit
08 February 2010
Rating agency AM Best expects the US property/casualty industry’s net income after taxes to improve to $30.6bn for 2009, up almost 10-fold from the $3.8bn reported in 2008.
Rating agency AM Best expects the US property/casualty industry’s net income after taxes to improve to $30.6bn for 2009, up almost 10-fold from the $3.8bn reported in 2008.
The US property/casualty industry’s operating results recovered in 2009 from a catastrophe-hit 2008, driven by improved underwriting results and the continued recovery in...
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