The U.S. P&C insurance industry registered its best first-quarter underwriting result in 2024 in over 15 years. After consistently weak sector results for near two years, the dog days are over.
Tag: P&C Outlook
S&P Stable on North American P&C Despite COVID-19 Pressures
Analysts at S&P Global Ratings believe that fallout from the coronavirus (COVID-19) pandemic will be “manageable” for North American property and casualty (P&C) re/insurers, and have maintained their stable outlook on the sector. The rating agency considers current financial market turmoil and the ensuing recession to be a greater headwind to P&C re/insurers than underwriting… Continue reading S&P Stable on North American P&C Despite COVID-19 Pressures