The ratings agency reached that figure after compiling the results from all companies that reported results through September prior to Wednesday.
AM Best: P&C industry swings to underwriting loss in first nine months of 2021
![AM Best logo new york cyber.jpg](https://assets.euromoneydigital.com/dims4/default/fe17d20/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fb9%2Fc8%2F1e3723c048659f86dcf2ac292389%2Fam-best-logo-new-york-cyber.jpg)
The ratings agency reached that figure after compiling the results from all companies that reported results through September prior to Wednesday.