
01/08/2021
How catastrophes and COVID-19 are changing business trends for P&C | PropertyCasualty360
On catastrophe losses, with the record number of named storms during the 2020 Atlantic hurricane season and a record-breaking wildfire season, AM Best expects claims costs to maintain pressure on pricing and continue to drive average premium costs upward. https://www.propertycasualty360.com/2021/01/08/how-catastrophes-and-covid-19-are-changing-business-trends-for-pc/
For most lines, premium volume had been rising through the end of 2019. 2020 abruptly changed that.