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.

The impact of Russia’s invasion of Ukraine on U.S. insurers’ direct investments appears to be limited, but their indirec…

Russia’s invasion of the Ukraine could have a substantial impact on the industry, say AM Best analysts.