A.M. Best Calculates P/C Insurers’ Underwriting Loss for 2017: $29 Billion

Rating agency A.M. Best expects the U.S. property/casualty insurance industry to post a second consecutive underwriting loss in 2017, driven mainly by catastrophe losses. The expected net underwriting loss for 2017 of $29.3 billion — which follows a $6.5 billion …

from News – Insurance Journal