AM Best: Q3 2021 premium growth leans toward recovery, offset by cat losses and inflation
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

AM Best: Q3 2021 premium growth leans toward recovery, offset by cat losses and inflation

AM Best logo cat damage inflation.jpg

As Q4 earnings begin to roll out, a new report from ratings agency AM Best has noted that Q3 2021 results show a return to normalcy compared to 2020, with 10% year-over-year growth in direct premiums in the P&C space.

The agency also pointed out that cat insured losses increased drastically compared to 2020.

“Although premium volumes have rebounded with the pandemic slowdown, natural catastrophe insured losses in 2021 were nearly double that of 2020, mainly from Hurricane Ida,” said...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article