A.M. Best Special Report: Preliminary First-Quarter 2018 Results Show Underwriting Turnaround for U.S. Property/Casualty Industry
By a
According to the report, increases in net and earned premiums written drove the underwriting improvement, which offset a 3.1% increase in losses and loss adjustment expenses incurred and a 12.7% rise in underwriting expenses and policyholder dividends. Following 2017 when catastrophe caused record insured losses, catastrophe losses returned to a more normalized level in first-quarter 2018.
P/C industry results also reflect a
To access a copy of this report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=273839 .
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