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US P/C insurance coverage reverses loss development – report

whysavetoday by whysavetoday
December 6, 2024
in Insurance
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US P/C insurance coverage reverses loss development – report
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Moreover, AM Greatest report that business surplus grew to $1.1 trillion as of the tip of September 2024, reflecting a mixture of $131.4 billion in internet revenue and contributed capital, partially offset by an $11.6 billion change in unrealized losses, $1.4 billion in different surplus losses, and $15.4 billion in stockholder dividends. Stockholder dividends have been considerably decrease, declining 83.9%, as a result of an $82 billion asset distribution recorded by Nationwide Indemnity Firm in 2023.

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Tags: InsurancelossReportreversestrend
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