US P/C sector shows resilience amid challenges in 2023, says AM Best

Share!

Reinsurance News - Mar 07, 2024

AM Best’s recent market segment report highlights the challenges faced by the U.S. property and casualty (P/C) sector in 2023, including severe weather-related losses, persistent inflation, and rising reinsurance prices, resulting in a net underwriting loss of $38 billion. Despite this, the P/...

Read Full Article

Recommended Articles

AM Best expects US P&C insurance underwriting profitability to persist in 2025

Posted: Oct 10, 2025

According to ratings agency AM Best, the US property and casualty (P&C) insurance industry is se...

US P&C insurance underwriting profitability to persist in 2025: Triple-I and Milliman

Posted: Oct 10, 2025

According to analysis from the Insurance Information Institute (Triple-I) and Milliman, the US prope...

The Fidelis Partnership promotes Sinéad Cunningham to Head of Space

Posted: Oct 10, 2025

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced t...