US P&C rating upgrades outnumbered downgrades in 2025: AM Best
Reinsurance News - Mar 17, 2026
In 2025, rating upgrades outnumbered downgrades for the US P&C industry for the first time in several years, driven by the commercial lines segment, according to AM Best’s recent report. AM Best noted that both upgrades and downgrades declined in 2025, while affirmations rose by nearly 10% year...
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