US P&C sector sees $6.1bn underwriting loss for first nine months of 2021

The US property and casualty (P&C) industry has seen a $6.1bn underwriting loss for the first nine months of 2021, according to AM Best. Increased losses and expenses were behind the loss.

According to the ratings agency, the P&C industry recorded 8.2% growth in net earned premiums and saw a 53.4...

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