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Tag: underwrting loss

Inflation, High Interest Rates, and Catastrophes Contribute to 2023 Underwriting Loss for P&C Industry

Property/Casualty insurance
P&C underwriting performance improves except Person Lines

The 2023 net combined ratio for the property/casualty industry is forecast to be 103.8, in part due to severe convective storm losses being the highest in decades.

Published November 8, 2023
Categorized as Show on Homepage Tagged I.I.I., inflation, net combined ratio insurance, P/C industry, severe convective storms, underwrting loss
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