AM Best-rated U.S. captive insurers post $1.4bn net income in 2023

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Reinsurance News - Aug 21, 2024

AM Best-rated U.S. captive insurers experienced a strong year in 2023, posting a net income of $1.4 billion, a 53% increase from the $923 million figure that was posted in the prior year. At the same time, the five-year average combined ratio of 86.5% for the AM Best-rated U.S. captives outstripped...

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