US P&C industry sees $8.2bn net underwriting loss in Q1: AM Best
Reinsurance News - Jun 16, 2023
The US property & casualty (P&C) witnessed an $8.2 billion net underwriting loss in the first quarter of 2023, compared with a $3.4 billion gain in the same prior-year period, according to preliminary results. Combined ratio for the P&C industry deteriorated by 6.1 percentage points to 1...
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