US P&C net underwriting loss narrows a touch

Claire WilkinsonMarch 26, 2024
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Credit: Shutterstock/Natee K Jindakum

The US P&C insurance industry recorded a $21.2bn net underwriting loss in 2023, a slight improvement from a $24.9bn loss in 2022, according to AM Best.

The results were impacted by record severe convective storm losses...

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Claire WilkinsonMarch 26, 2024
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