Tag: P/C surplus growth

AM Best is estimating an underwriting loss for the U.S. property/casualty (P/C) insurance industry in 2021, driven by above-average catastrophe losses, increased secondary perils and a rebound in auto frequency. However, given carriers’ solid risk-adjusted capitalization and persistent underwriting and pricing discipline, the industry was able to limit losses and generate surplus growth. In its… Continue reading Despite Catastrophe-Driven Underwriting Loss for P/C Industry, Insurers Still Able to Grow Surplus