AM Best maintains ‘stable’ outlook on US personal lines despite higher cat activity
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AM Best maintains ‘stable’ outlook on US personal lines despite higher cat activity

Eileen AJ Connelly
December 01, 2021
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Higher surplus levels and favorable risk-adjusted capitalization among US personal lines carriers at the start of 2021 enabled the segment to manage a challenging year that featured above-average catastrophe activity, a return to pre-pandemic frequency trends and increased loss cost severity, AM Best said on Wednesday.

The ratings agency maintained its “stable” outlook for the US personal lines segment, based on its liquidity position, underwriting actions to limit the impact of catastrophe loss in the homeowners' segment and the accelerated adoption of technology amid the...

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Topics

News Personal lines
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Eileen AJ Connelly
Contributing Editor
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