PRESS RELEASE
Sep 14, 2021 08:17 AM (EDT)
Despite significant returns of premiums during the pandemic in 2020, rated U.S. property/casualty mutual insurance companies still managed to grow premium modestly, according to a new AM Best report.
Sep 15, 2021 08:35 AM (EDT)
Canada insurance companies’ ability to absorb the volatility caused by the pandemic has led AM Best to maintain its stable outlook on the country’s property/casualty segment and revise its life/annuity outlook back to stable from negative. Additionally, according to AM Best’s annual review of Canada’s insurance industry, short- to medium-term economic prospects are positive, with government measures likely to cushion any future jolts.
Sep 16, 2021 09:14 AM (EDT)
The U.S. surplus lines market experienced direct premium growth of 17.5% in 2020, representing the largest year-over-year premium increase since 2003, according to a new AM Best report.
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