P/C industry's net income rose to $30.6B last year

02/9/2010 | IFAWebNews.com

Property/casualty insurers' net premiums written in 2009 amounted to $426.8 billion, a 4.2% decline from year-ago levels, according to A.M. Best. But the industry's net income after taxes last year rose to $30.6 billion compared with $3.8 billion in 2008.

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