AM Best downgraded 55 P&C credit ratings in 2023 vs 30 in 2022
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AM Best downgraded 55 P&C credit ratings in 2023 vs 30 in 2022

Thirty-nine of last year’s downgrades were in personal lines.

By Kyoung-son Song
March 11, 2024
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AM Best assigned 55 downgrades to US P&C insurers in 2023, up from 30 in the previous year, reflecting a difficult period for the personal lines segment.

Fifty-five

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