US P/C Industry Underwriting Loss Reaches 10-Year High: AM Best

Published on March 7, 2024 • Insurance Journal


Industry rating agency AM Best said the U.S. property/casualty industry’s underwriting loss for 2023 reached a 10-year high of $38 billion, attributable to severe weather-related losses, stubborn inflation, and upward reinsurance pricing.

Posted on Mar 8, 2024

By AM Best Reports

Source

Insurance Journal