CORRECTING and REPLACING A.M. Best Special Report: Preliminary 2016 Results Show First Underwriting Loss for U.S. Property/Casualty Industry Since 2012
The corrected release reads:
A.M. BEST SPECIAL REPORT: PRELIMINARY 2016 RESULTS SHOW FIRST UNDERWRITING LOSS FOR
The
According to the report, the industry’s reported combined ratio deteriorated 2.9 points from the previous year to 100.7, marking the worst year-to-year comparison in the last four years. Hurricane Matthew boosted estimated
Despite the net income decline to
To access the full copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=259693.
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