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AM Best has downgraded the financial strength rating (FSR) of Russian Re from B+ (Good) to B (Fair) of Russian Reinsurance Company (Russian Re). The outlook for this rating has been revised from to stable from negative. 25 July 2016
Insurance
Ratings agency AM Best has upgraded the financial strength ratings of the re/insurance subsidiary companies of James River Group to A from A-. 1 August 2016
Insurance
European mutual insurers have reached a point where they must embrace change or face possible irrelevance in the market, claims AM Best in a new report. 14 July 2016
Insurance
The global reinsurance market remains challenging, according to AM Best. 11 January 2016
Insurance
The global reinsurance market remains challenged by various market forces that will continue to shape the landscape over the near term. The recently announced acquisition of Validus Re by AIG is just the latest chapter in the evolution of the traditional reinsurance model, where specialty focused businesses seek shelter as part of a significantly larger globally diversified enterprise. 2 February 2018
News
Continued market challenges will hinder the potential for positive rating actions and may translate into negative rating pressures in 2017, AM Best said as it is maintaining its negative outlook for the global reinsurance market. 13 December 2016
Insurance
Insurers in Gulf Cooperation Council (GCC) markets are coming under pressure to increase retention levels for high-rise buildings to demonstrate their alignment of interests with those of reinsurers, according to new research by AM Best. 18 January 2017
Insurance
Cost implications of continuing to access EU business and any downturn in the UK economy resulting from Brexit are likely to weigh on insurers, according to an AM Best report titled “Brexit Uncertainties Weigh on UK Insurers but Rated Entities Able to Withstand Pressure.” 20 January 2017
Insurance
Ratings agency AM Best has placed OneBeacon Insurance Group and its subsidiaries "under review with positive implications" following its acquisition by Intact Financial Corporation. 5 May 2017
Insurance
AM Best has upgraded the financial strength rating (FSA) to A (Excellent) from A- (Excellent) of African Reinsurance Corporation (Africa Re), a reinsurance company based in Nigeria. The outlook for this rating has been revised from stable to positive. 13 June 2016
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