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Best’s News & Research Service subscription required - March 06, 2024 04:34 PM (EST)

Best’s Market Segment Report: Weather, Reinsurance and Inflation Once Again Drive U.S. P/C Results

Severe weather-related losses, stubborn inflation and upward reinsurance pricing drove the U.S. property/casualty (P/C) sector’s net underwriting loss to a 10-year high of $38 billion in 2023, . . .

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