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Despite the reversal seen in the U.S. equity market and rising inflation and interest rates, property/casualty insurers performed well in 2022, according
OLDWICK, N.J., November 03, 2023 AM Best’s latest special report on the long-term impairment rates of U.S.-domiciled insurance companies states that no insurers were added to the list of net impairments in 2022, meaning no companies were rated by AM Best at the time of impairment, consistent with last year’s zero net impairments. There were two insurers added to gross impairments in 2022, down from 10 carriers identified in the previous year.
Despite the reversal seen in the U.S. equity market and rising inflation and interest rates, P/C insurers performed well in 2022, according to the latest