U.S. personal auto insurance continues to struggle amid rising claims severity: AM Best
Reinsurance News - Dec 14, 2023
U.S. personal auto insurers faced another challenging period in the first half of 2023, as claims severity continued to rise, according to a recent report by AM Best. Following a dismal performance in 2022, the segment posted a direct incurred loss ratio more than three percentage points above the s...
Recommended Articles
Posted: Apr 10, 2026
Jean‑Jacques Henchoz, the former Chief Executive Officer of large European reinsurer Hannover Re, ha...
Posted: Apr 10, 2026
Liberty Mutual Insurance has announced the establishment of a $600 million endowment for Liberty Mut...
Posted: Apr 10, 2026
As demand for artificial intelligence (AI) talent and roles intensifies across industries, global in...