Articles
Insurance
The performance of the insurance-linked securities (ILS) market in the first half of 2022 reflected its relatively low correlation with the broader financial markets, with supply and demand for capital determining which deals were placed successfully and at what price, according to a new AM Best report. 10 September 2022
Insurance
The chemical Glyphosate could easily lead to tomorrow’s public health crisis, AM Best has warned in a Nov. 28 report. 29 November 2018
Insurance
NPE grew 8.4% on double-digit commercial & homeowner multi-peril while auto lagged. 22 March 2023
Insurance
AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “a-” of Bermuda-based Citadel Reinsurance Company. 22 November 2018
Insurance
As the UK parliament continues to wrangle over the best way forward for Brexit, rating agency AM Best said UK-domiciled insurers were “well prepared” for the outcome, “regardless of when or under what terms the UK leaves the EU”. 18 March 2019
Insurance
AM Best has placed its ratings ‘under review with developing implications’. 20 February 2023
Insurance
US insurers with a large exposure to terrorism risk could face being downgraded by AM Best if the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is not renewed – a scenario that looks difficult at best given the hyper-partisan atmosphere pervading Washington at the moment, the rating agency has warned. 13 May 2019
Insurance
Rating agency AM Best has unveiled its new subsidiary AM Best (EU) Rating Services, based in Amsterdam, the Netherlands. 3 December 2018
Insurance
Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates. 14 November 2018
Insurance
Sights set on lawyer-contractor alliance on assignment of benefits & one-way legal fees. 9 December 2022
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