US P/C Industry Underwriting Loss Reaches 10-Year High: AM Best
Insurance Journal - Mar 07, 2024
Industry rating agency AM Best said the U.S. property/casualty industry’s underwriting loss for 2023 reached a 10-year high of $38 billion, attributable to severe weather-related losses, stubborn inflation, and upward reinsurance pricing. Analysts in the report published yesterday found that &...
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