Best: Industry Well-Capitalized, But Concerns Remain

NU Online News Service, Nov. 22, 3:38 p.m. EST?Property-casualty insurers, thanks to vastly improved operating earnings last year and unrealized capital gains, have achieved a 21.8 percent increase in their industry's overall surplus, a new A.M. Best report said.[@@]

But the ratings agency also cautioned that on a company-by-company basis, it is still seeing many worrisome situations that are causing ratings downgrades.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.