Overall asbestos and environmental (A&E) losses may currently be a little less expensive for U.S. P&C insurers than previously projected. A.M. Best Co. has revised its view of the P&C industry’s ultimate asbestos and environmental (A&E) losses, now estimating total losses to reach about $117 billion, down from the previous figure of $121 billion.

By current estimates, asbestos exposures are hovering around $75 billion (up from $65 billion), environmental losses stand at $42 billion, down from $56 billion. A.M. Best reported that these totals reflect its review of statutory annual statement Footnote 32 data for year-end 2008, supplemented with proprietary A.M. Best data.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.