Increase in downgrades reveal challenges for US P&C re/insurers: Gallagher Re
Reinsurance News - Mar 01, 2024
As per Gallagher Re’s analysis of rating actions by AM Best, the number of downgrades of US P&C re/insurers jumped significantly in the eight months to the end of August 2023 compared with the calendar year 2022. Negative rating actions reportedly outnumbered positive actions in the period, with...
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