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Tag: P/C industry losses

U.S. P/C Industry Posts $32B Underwriting Loss in First Nine Months of 2023

Underwriting losses in property/casualty industry

The U.S. property/casualty (P/C) industry recorded a $32.2 billion net underwriting loss in the first nine months of 2023, $7.6 billion worse than the underwriting loss posted in the same prior-year period, according to a new AM Best report.

Published December 8, 2023
Categorized as Show on Homepage Tagged AM Best report, P/C industry losses, underwriting losses
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