S&P Ratings turns negative on property, casualty insurers amid weak credit trends

Jan. 28, 2023 2:15 PM ETS&P Global Inc. (SPGI)XLF, KIEBy: Jessica Kuruthukulangara, SA News Editor

Growing money stairs with 2023 and house

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U.S. property/casualty insurers are facing declining investment values and weaker underwriting results, S&P Global's (NYSE:SPGI) ratings arm said, prompting it to revise its view on the sector to negative from stable.

Weaker credit trends are expected

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