The U.S. property/casualty (P/C) industry boosted its net underwriting income by 4.6% to $3.3 billion for the first quarter of 2022, according to a “First Look” report from AM Best. The industry’s combined ratio improved slightly, dropping to 96.3% in Q1 from 96.6% one year earlier. The quarter produced fewer catastrophe losses this year, however,… Continue reading P/C Industry Sees Slight Underwriting Gain in Q1 2022: AM Best
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