U.S. P/C Insurers Replace Higher Cost Debt with Lower Cost Alternatives: AM Best

P&C underwriting performance improves except Person Lines

U.S. property/casualty (P/C) insurance and reinsurance companies are using low interest rates to extend their debt maturity profiles and replace higher cost debt with often significantly lower cost alternatives, according to an AM Best report. A new Best’s Special Report, titled, “Property/Casualty Companies Replace Higher Cost Debt With Lower Cost Alternatives,” states that P/C (re)insurers… Continue reading U.S. P/C Insurers Replace Higher Cost Debt with Lower Cost Alternatives: AM Best