AM Best: P&C industry swings to underwriting loss in first nine months of 2021
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AM Best: P&C industry swings to underwriting loss in first nine months of 2021

Eileen AJ Connelly
19 November 2021
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The US P&C industry recorded a $6.07bn net underwriting loss through the first nine months of 2021, reversing a $5.62bn underwriting gain in 2020, as catastrophe losses mounted, AM Best said.

The ratings agency reached that figure after compiling the results from all companies that reported results through September prior to Wednesday.

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