P/C lnsurers Return Nearly $13 Billion in Premiums as COVID-19 Reduces Exposure

<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<title>P/C lnsurers Return Nearly $13 Billion in Premiums as COVID-19 Reduces Exposure</title>
</titleInfo>
<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080441371">
<namePart>A.M. Best Company</namePart>
<nameIdentifier>MAPA20080441371</nameIdentifier>
</name>
<typeOfResource>text</typeOfResource>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">usa</placeTerm>
</place>
<issuance>monographic</issuance>
<place>
<placeTerm type="text">New Jersey</placeTerm>
</place>
<publisher>A.M. Best Company</publisher>
<dateIssued>2021</dateIssued>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
<extent>14 p.</extent>
</physicalDescription>
<abstract displayLabel="Summary">US property /casualty iusurers reported returned prenúums of over $12.9 billion associated with reduced exposures resuhiug from the COVID-19 pandemic. We reviewed 2020 statutory statement aud related footnote disclosures for over 2,600 US P&C insu.rers. Nearly 400 insurers reported specitic amounts for return of premium related to the COVID-19 outbreak </abstract>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080587901">
<topic>Seguro de personas</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611880">
<topic>Perspectivas del seguro</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611897">
<topic>Perspectivas económicas</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20090040410">
<topic>Recesión económica</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20200005599">
<topic>COVID-19</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080581978">
<topic>Property-casualty</topic>
</subject>
<classification authority="">32</classification>
<relatedItem type="series">
<titleInfo>
<title>Best's Market Segment Report</title>
<partNumber>April 20, 2021</partNumber>
</titleInfo>
</relatedItem>
<relatedItem type="series" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20180007804">
<titleInfo>
<title>Best's Market Segment Report</title>
<partNumber>april 20, 2021</partNumber>
</titleInfo>
</relatedItem>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">181026</recordCreationDate>
<recordChangeDate encoding="iso8601">20210422091900.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20210012730</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">spa</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>