JERSEY CITY, N.J., Dec. 21, 2010 — Private U.S. property/casualty insurers’ net income after taxes rose to $26.7 billion through nine-months 2010 from $16.4 billion through nine-months 2009, with insurers’ annualized rate of return on average policyholders’ surplus — a key measure of overall profitability — increasing to 6.7 percent from 4.6 percent. Reflecting insurers’… [Read more]
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