11 March 2024Insurance

US P&C hits decadal reserve redundancy on 3rd year of ‘dramatic’ building

Total loss and loss adjustment reserves likely grew notably again in 2023 for US P&C insurers, the third consecutive year of “dramatic” increases, likely rendering the strongest level of relative reserve redundancy in nearly a decade, analysts at AM Best have claimed. 

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
13 May 2026   Combined ratio improves 4.1pts in benign quarter.
Insurance
13 May 2026   Not just ‘red hot’ construction, but property, casualty, auto and financial lines shifting.
Insurance
13 May 2026   US construction powers 9% commercial growth, but Zurich can source growth globally.