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SPECIAL REPORT | PROPERTY AND CASUALTY INSURERS

Special Report: First Look: 2025 US Property/Casualty Financial Results

The US P/C industry recorded a $60.9 billion net underwriting gain in 2025, up significantly from a $22.1 billion gain recorded in the prior year.

English | Data

Mar 23, 2026 - 6 Pages

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SPECIAL REPORT | RATING CRITERIA
Special Report: US P/C Rating Affirmations Rose in 2025 While Upgrades Outnumbered Downgrades
Rate increases and improved underwriting discipline drove improved operating performance for upgraded rating units in 2025.
English | Data |

Video
Mar 13, 2026 - 11 Pages

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SPECIAL REPORT | HEALTH INSURERS
Special Report: Rating Affirmations and Upgrades Rise in 2025, Downgrades Drop for US Life/Health Insurers
Declining asset quality and heightened use of reinsurance have pressured some US life/health insurers’ ratings.
English | Data |

Video
Mar 13, 2026 - 9 Pages

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COMMENTARY | GLOBAL MARKETS
Commentary: Prolonged Middle East Conflict Will Test Global Market Resilience of (Re)Insurers
The short-term impact of the US/Israeli conflict with Iran on the credit quality of (re)insurers has been limited; however, prolonged conflict may have wider market implications.
English | Data
Mar 12, 2026 - 6 Pages

SPECIAL REPORT | IMPAIRMENT
Special Report: 2024 US Life/Health Impairments Update
Five US life/health companies became impaired in 2024.
English | Data
Mar 11, 2026 - 13 Pages

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SPECIAL REPORT | IMPAIRMENT
Special Report: 2024 US Property/Casualty Impairments Update
In 2024, one US property/casualty company became impaired.
English | Data
Mar 10, 2026 - 12 Pages

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More Special Reports, Market Segment Reports, Commentaries

Analytical Briefings

AM Best’s Briefing – Global Reinsurance: January 1 Renewals and 2026 Market Outlook Updates
Jan 22, 2026

AM Best’s Briefing – Health: Medicare Advantage – Challenges and Opportunities
Jan 15, 2026

AM Best’s Briefing – Non-Life Run-Off: An Evolving Market
Jan 14, 2026

AM Best’s Briefing – 2026 Insurance Outlook: Risk Management Back in the Spotlight
Dec 09, 2025

More briefings from AM Best

AM Best TV Research Videos

AM Best: Benchmarking EMEA Ratings – Improving Credit Quality, but Common Themes Highlighted as Weaknesses
Mar 11, 2026

AM Best: Cat Bond Growth Accelerates as Loss Multiples Compress
Mar 18, 2026

AM Best: US D&O Liability Market – Prioritizing Long-Term Profitability Amid Competition, Emerging Risks
Mar 12, 2026

AM Best: US Health Insurers Seek Improved Underwriting Performance in 2026
Mar 09, 2026

AM Best: US Life/Annuity Industry Continues to Shift More Focus to Annuities
Feb 11, 2026

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Best's Calendar

Upcoming Events Featuring AM Best

Apr. 07

AM Best’s Briefing – Health Care: Have We Reached an Inflection Point?

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AM Best

Apr. 13 - Apr. 14

InsurTech America Symposium 2026

CONFERENCE
InsurTech Hartford

Apr. 15

VCIA Philadelphia Chapter Launch

CONFERENCE
VCIA

Apr. 23

St. John’s University’s ERM Summit

CONFERENCE
St. John's University

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Best’s Credit Ratings

A Best’s Credit Rating is a forward-looking, independent, and objective opinion regarding an insurer’s, issuer’s, or financial obligation’s relative creditworthiness.

For more information on our methodologies, please visit the Best’s Credit Rating Methodology page.