A.M. BestTV: U.S. Property/Casualty Insurance Sector Poised for an Improved 2018, Says A.M. Best Managing Director
The
“2017 was certainly a watershed year, with its catastrophes: floods, hurricanes, wildfires and mudslides,” said Andre. “However, despite the big financial loss for the industry, it proved why insurance is so important since it help to put people’s lives back together after these events.”
Andre also highlighted the strength of the industry in 2017.
“The industry, on an aggregate basis, remains resilient and very well-capitalized.
A.M. Best’s outlook for the commercial and personal segments is stable, but for the reinsurance segment, it is negative.
To access a copy of this market segment report, titled, “U.S. Property/Casualty: 2018 Review & Preview,” please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=270363.
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