Report shows total income rising 11 per cent during the year while expenses also increase.

Panel discusses in-demand technology roles and competition for staff.

Surging premiums moderate somewhat but systemic risk causes reinsurance reticence.

AM Best report examines economic activity, monetary policy and market vulnerabilities affecting insurance companies.

Industry’s net income jumps 76 per cent in 2021 while pre-tax operating income increases more than 100 per cent.

AM Best says industry net income increased 27 per cent in 2021.

The mutual insurer’s income increased 23.4 per cent in 2021, compared to 2020.