AM Best-rated U.S. P&C mutual insurers doubled net income to $42.6 billion in 2025, helped by a $14.8 billion underwriting gain and strong investment income.
AM Best
Best’s Special Report: US Property/Casualty Industry Nearly Tripled Net Underwriting Income in First-Half 2026
U.S. property/casualty insurers recorded $31.2 billion in net underwriting income during the first half of 2026, nearly triple the prior-year result, as the industry’s combined ratio improved four points to 92.5.
Best’s Special Report: Evolving Data Center Landscape Requires Insurer Innovation
AM Best says AI-driven data center growth is creating new risks and driving demand for innovative property and liability insurance solutions.
US Property/Casualty Rating Affirmations Rose in 2025
Overall Rating Upgrades Outnumbered Downgrades
Best’s Market Segment Report: AM Best Maintains Outlook on US Personal Lines Insurance Segment at Stable
Meaningful Improvement in Underwriting stems from aggressive rate increases and portfolio management.
