US insurers report $23.5B net underwriting loss | Business Insurance

The U.S. property/casualty industry posted a net underwriting loss of $23.5 billion for year-end 2017, A.M. Best said Monday, mainly due to an estimated $52.9 billion in catastrophe-related insured losses, more than double those seen in the previous year.

Source: US insurers report $23.5B net underwriting loss | Business Insurance

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