Insight and Intelligence on the London & International Insurance Markets

9 February 2012

Troubled 2010 for US P&C insurers, say analysts

26 April 2010

AM Best and Conning Research & Consulting have predicted a troubled 2010 for the US property and casualty (P&C) insurance industry, as softening rates, anaemic investment returns and dwindling reserve releases erode profitability.

In its annual sector report, AM Best said that the plenty of 2009 would not continue into 2010.

The rating agency expected the US P&C industry's return measures to be strained throughout the year, as there appear to be few signs of market hardening across the board...


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