Rating downgrades on US P&C insurers outpace upgrades in 2023: AM Best

Share!

Reinsurance News - Mar 12, 2024

According to AM Best, credit rating downgrades on US property & casualty (P&C) insurance companies climbed to 55 in 2023, compared with 30 in 2022, given the challenging conditions in the personal lines segment. The rating agency explained that throughout 2023, P&C insurers continued to...

Read Full Article

Recommended Articles

AM Best expects US P&C insurance underwriting profitability to persist in 2025

Posted: Oct 10, 2025

According to ratings agency AM Best, the US property and casualty (P&C) insurance industry is se...

US P&C insurance underwriting profitability to persist in 2025: Triple-I and Milliman

Posted: Oct 10, 2025

According to analysis from the Insurance Information Institute (Triple-I) and Milliman, the US prope...

The Fidelis Partnership promotes Sinéad Cunningham to Head of Space

Posted: Oct 10, 2025

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced t...