US P&C mutual insurers return to profitability in 2024: AM Best

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Reinsurance News - Oct 06, 2025

AM Best, the credit rating agency, reported that US property and casualty (P&C) mutual insurance companies achieved a net income of $26.0 billion in 2024, a notable rebound from a $10.8 billion net loss in 2023. AM Best evaluates the financial strength and performance of insurers, providing mark...

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