US P&C carried reserves at year-end 2022 redundant by $4.7bn of reported surplus: AM Best
Reinsurance News - Oct 25, 2023
According to global ratings agency AM Best, the US property & casualty (P&C) segment reported its 17th consecutive year of favorable reserve development based on 2022 calendar year results, however, the $3.6 billion in favorable reserve development reported for last year was nearly one-thir...
Recommended Articles
Posted: Apr 13, 2026
Property and casualty (P&C) insurance holding company, Kingstone Companies, Inc., is to enter th...
Posted: Apr 13, 2026
Global insurance broker Howden has announced the expansion of its Specialty Transportation & Log...
Posted: Apr 13, 2026
A new report from AM Best, the credit rating agency, highlights notable changes in the US life and a...