P&C insurers racked up $6.3bn underwriting loss in first half of 2022: AM Best
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

P&C insurers racked up $6.3bn underwriting loss in first half of 2022: AM Best

Farhin Lilywala
September 02, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
AM Best auto car driving road.jpg

US property and casualty insurers incurred a $6.3bn underwriting loss in the first half of 2022, driven by the personal lines segment, especially in auto, according to AM Best.

The result compared with a $11.4bn loss in the first half of 2021, the ratings agency’s report said.

Although the industry saw 9.3%

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsPersonal autoResultsEarnings
farhin lilywala/farhin lilywala ii us.png
Farhin Lilywala
Section Editor, Distribution & Specialty
Contact
Gift this article