Articles
Insurance
Ratings agency AM Best said on Aug. 24 that it revised the outlook to negative from positive for the Long-Term Issuer Credit Rating (Long-Term ICR) of Emirates Retakaful (ERL) following a $36 million write-off from gross written contributions for 2016. 24 August 2017
Insurance
Berkshire Hathaway, Allstate & Progressive drive premiums on return to normal for auto. 11 April 2022
Insurance
The political uncertainty created by events following Catalonia’s independence referendum has created volatility in Spanish insurers’ investment portfolios and raised concerns about future access to business, according to AM Best. 16 October 2017
Alternative Risk Transfer
The rating of at least one insurance-linked security (ILS) may be affected by changes to default tables included within a new methodology and central repository that rating agency AM Best has launched that relates to the ILS sector. 17 August 2016
Insurance
The volatility triggered in the financial markets since the revelation that the UK will leave the EU could have a material impact on insurers’ half-year results and balance sheets, rating agency AM Best has claimed. 24 June 2016
Insurance
New regulations in a number of markets in the Gulf Cooperation Council (GCC) enhancing minimum capital and solvency requirements as well as incorporating actuarial based pricing and reserving have impacted profitability of many insurance companies, said AM Best. 28 September 2016
Insurance
The shift in the personal injury rate is a clear negative for the short-term earnings and capitalisation of UK insurers, particularly those with large motor portfolios, AM Best said in a statement. 1 March 2017
Insurance
Fitch Ratings has released a report which details the differences and lack of comparability between its own insurance financial strength (IFS) ratings and those of AM Best – in particular at the 'A-' level. 18 July 2016
Insurance
AM Best has placed under review with negative implications the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” of International Insurance Company of Hannover SE (Inter Hannover) (Germany), a wholly owned subsidiary of Hannover Re. 24 May 2018
Insurance
AM Best has assigned a financial strength rating of A- (Excellent) to Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros, a credit insurer formed to write business in Spain and Latin America (excluding Brazil). 23 September 2015
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