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Despite notable premium growth in 2022, elevated inflation led to higher claims costs resulting in a $31 billion underwriting loss for U.S. property/casualty mutual insurance companies, according to ...
Mutual insurers returned nearly $13 billion in premiums through 2020 in response to policyholders' COVID-19-related challenges, and the sector ran at an underwriting loss as a result. Still, the ...
U.S. P/C mutual insurance companies held their own in 2020 despite returning significant levels of premiums during the pandemic. In fact, net premiums written grew by 1.4 percent even with all the ...
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