Articles

Insurance

Aspen outlook revised to negative due to capital erosion after three FY losses in a row

AM Best warns that failure to improve operating performance could lead to further negative rating action.   2 April 2020

Insurance

Principles and priorities: re/insurers tackling the challenge of ESG

The re/insurance industry is often accused of lagging when it comes to embracing ESG issues, but there are good reasons for its caution, around investments and underwriting.   1 April 2022

Insurance

Rating actions not expected on Solvency II implementation: AM Best

AM Best said it does not expect to take rating actions as a direct consequence of the implementation of Solvency II.   8 December 2015

Insurance

Caution reigns despite growth in Colombia

Rating agency AM Best tells FIDES Today a tale of two very different economies: Guatemala, where there is consistent profitability, and Colombia, where insurers have adopted a cautious outlook despite a growing economy.   10 September 2019

Insurance

AM Best opens Singapore office

Rating agency AM Best has established a new office in Singapore as part of its commitment to the region.   15 April 2015

News

MENA countries a target for reinsurers: AM Best

Middle East and North Africa (MENA) countries have become a target for both international and domestic reinsurers due to a low level of insurance penetration in the area, according to a new report by AM Best.   23 September 2015

Insurance

AM Best places United National Specialty FSA under review

AM Best has placed under review with developing implications the financial strength rating (FSR) of A (Excellent) of United National Specialty Insurance Company (United National Specialty).   24 May 2016

News

AM Best upgrades Asian Re

AM Best has upgraded the issuer credit rating of Asian Re to bb+ from bb and affirmed its financial strength rating of B (Fair). The outlook for both ratings is also now positive.   2 November 2015

Insurance

AM Best maintains negative outlook for commercial US P/C industry

Rating agency AM Best is maintaining its negative outlook on the commercial lines segment of the US property/casualty (P/C) industry, despite relatively reliable aggregate results over the past several years.   8 January 2016

Insurance

AM Best boosts Asia team with Lloyd’s and Qatarlyst hires

AM Best has expanded its managing team for the Asia-Pacific region by appointing former Lloyd’s executive Jose Ribeiro as managing director and Qatarlyst CEO James Sutherland as commercial director.   21 January 2016

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