Skip to Main Content

US P/C Records $8.2 Billion Underwriting Loss in Q1: AM Best

Upsidedown house

A rise in first quarter losses in the homeowners insurance line of business primarily put U.S. property/casualty underwriting results in the red, according to AM Best.

The U.S. P/C industry booked a $8.2 billion underwriting loss during for the first quarter compared with a profit of $3.4 billion during the same time in 2022.

Read the full article