US P&C 2023 underwriting improves, personal lines continue to drag: Triple-I/Milliman

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Reinsurance News - May 16, 2024

The U.S. property & casualty (P&C) industry saw its second consecutive year of underwriting losses, with a net combined ratio of 101.6% for 2023. While there was improvement from 2022, personal lines still remained the major driver of unprofitability in 2023. According to industry underwriti...

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