AM Best predicts surge in net investment income for US P/C sector

Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

AM Best’s recent market segment report indicates a notable increase in the estimated net investment income within the US property and casualty (P/C) market, with predictions exceeding $85 billion in 2024.

In 2018, the industry’s net investment income was $57 billion, showing no significant increase until 2022, when it surged to $71.5 billion.

According to the ratings agency, net investment income is anticipated to remain relatively steady in 2023, at $75.9 billion.

However, AM Best highlights that the 2022 figures were influenced by a $10.8 billion intercompany distribution at one very large reinsurer, impacting the net investment income.

With no anticipated rate cuts until mid-year 2024, it is projected that net investment income will notably increase to $86.9 billion in 2024.

AM Best estimates “that insurers will continue to reap the benefits of appreciably higher investment yields and projects.”

The post AM Best predicts surge in net investment income for US P/C sector appeared first on

Are you starting an INDEPENDENT agency?

Get Your Agency StartUp Checklist Today

More News

The Biggest Cyber Threats to Law Firms

Risk is all around us. There’s the extreme physical kind, including earthquakes and sidewalk punchers. Then there are digital risks, like hackers who target individuals