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