AM Best report finds private equity investments rose just 3.3 per cent in 2022.
Firms using external consumer data, information sources and predictive models must report annually.
AM Best reviews first half of 2023, reporting a 39.5 per cent drop.
AM Best says pandemic could leave excess mortality levels high for some time.
First half of 2023 nearly eclipses total losses recorded for all of 2022.
Best companies in the market moving away from pure reinsurance and catastrophe risk.
Report still says segment remains well-capitalized and positioned for growth.