AM Best: US P&C industry reported second $20bn+ loss in row in ‘23
Unprofitable results in the private passenger auto and homeowners/farmowners segments led to the US P&C industry’s second straight year of net underwriting losses over $20bn.
Unprofitable results in the private passenger auto and homeowners/farmowners segments led to the US P&C industry’s second straight year of net underwriting losses over $20bn.