US P&C industry records $21.2bn net underwriting loss in 2023: AM Best
Reinsurance News - Mar 25, 2024
According to global credit rating agency AM Best, the US property & casualty (P&C) industry recorded a $21.2 billion net underwriting loss in 2023, which slightly improves upon the $24.9 billion loss recorded in the prior year. These preliminary results are detailed in a recent report releas...
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