U.S. P/C Insurance Poised for 2024 Profit Recovery Post Strong 1Q Results

Fitch Ratings on P&C industry 2024

The U.S. property casualty (P/C) market is positioned for a return to underwriting profitability and significant return on capital improvements for the full year, though results may not match first quarter levels due to uncertainty regarding natural catastrophe exposures and loss reserve experience, Fitch Ratings says.