Decade-High Losses Shake the Insurance Landscape: The Investment Challenges
Insurers struggled mightily with losses in the first quarter, with property and casualty insurers (P&C) putting up an underwriting loss of more than $7 billion, the biggest first-quarter underwriting loss in at least a decade. The industry has faced challenges including increasingly expensive weather-related losses and lingering inflationary pressures.
However, insurance stocks can still be a solid part of a diversified portfolio. If you're considering buying insurers or insurance-related stocks, here's what you need to know about the current state of the industry, where companies go from here, and investments you should consider.
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Source Fool.com
