US P/C industry suffers $25.7bn underwriting loss in 2022: AM Best
Reinsurance News - Jul 21, 2023
In 2022, the U.S. property/casualty (P/C) industry experienced a significant setback as it reported a staggering $25.7 billion net underwriting loss, according to a recently released AM Best report. The main reason behind this downturn was the substantial deterioration in the underwriting results of...
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