US insurers ‘passed’ 2017 but heavy 2018 losses would present real test: S&P


While the US property/casualty (P/C) insurance sector passed the ‘capital test’ in 2017 in the wake of record catastrophe losses, the real test will be how the industry fares if 2018 losses mimic last year's activity and if reserve development becomes unfavourable, according to a report from S&P Global Ratings.

S&P Global Ratings, US, Property, Casualty, Catastrophe losses, Insurance, Reinsurance, Report, North America

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