US P/C industry saw $22bn underwriting loss in 2023: AM Best
Reinsurance News - Jul 02, 2024
AM Best reports that the US Property/Casualty (P/C) insurance industry faced another year of underwriting losses surpassing $20 billion in 2023, at $21.7 billion, largely driven by unprofitable private passenger auto and homeowners/farm owners market segments. Together, these sectors incurred a comb...
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