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Investment losses push insurers' profit down despite increase in gross earned premiums

Insurance / news
Investment losses push insurers' profit down despite increase in gross earned premiums
30th Mar 23, 7:50am by Gareth Vaughan
insurance

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3 Comments

by  interesting1234  |  30th Mar 23, 8:07am 1680116863

Insurers make money when nothing happens, then when suddenly a lot happens in a short space of time they don't make as much profit. Not sure anyone will be shedding a tear there, they take the risk by insuring people, that's business.

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by  Portland  |  30th Mar 23, 2:10pm 1680138611

There may be a few tears when people get their next insurance bill, or find out they can't buy insurance anymore. 

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0
by  fortunr  |  31st Mar 23, 4:22pm 1680232928

Wait until the next time you have to renew insurance. 

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0
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