The US P/C industry faces growing headwinds: APCIA report
The property casualty (P/C) insurance industry continued to face significant headwinds through the first half of 2023, according to the American Property Casualty Insurance Association’s (APCIA) report on the sector’s financial results and expected trends for the remainder of 2023.
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6 November 2023 Reinsurers need to deliver double-digit returns even when a Hurricane Ian-sized catastrophe strikes in order to prove the market is sustainable, says IQUW’s Rene Lamer.