This morning, A.M. Best made a number of announcements regarding the outlooks of many segments of the insurance industry.
The outlook for the U.S. personal property/casualty segment remains stable. “Divergent trends are influencing rating outlooks for the various segments of the property/casualty industry, with personal lines continuing to benefit from solid performance in auto insurance, and commercial lines carrying on the struggle to turn pricing decisively upward,” the rating agency says. Balance sheets remain strong but susceptible to threats in both segments.
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