Articles
Insurance
The US re/insurance industry gathered at the Sheraton Hotel in Denver in early November for the first in-person APCIA annual conference since 2019. Here are the key takeaways from this year’s event. 11 November 2021
Insurance
The US cyber market grew significantly in 2017 with direct premiums written by US property/casualty (P&C) insurers (excluding non-US and alien surplus lines insurers) rising nearly 32 percent year over year to $1.8 billion, according to AM Best. 21 May 2018
Insurance
The looming expiration of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is a concern for insurers with significant terrorism exposures, AM Best warned. 16 April 2018
Insurance
S&P Global and Fitch Ratings have revised AXIS's outlook to 'negative', while AM Best has downgraded its FSR. 13 May 2020
News
GeoVera Reinsurance, part of catastrophe specialist the GeoVera Insurance Group, has secured a financial strength rating (FSR) of A from AM Best. The outlook on the rating is stable. 13 June 2014
Insurance
Rating agency AM Best has downgraded the financial strength and issuer credit rating of The Mediterranean & Gulf Insurance & Reinsurance Company (Medgulf Bahrain) and The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company, a Saudi joint stock company, (Medgulf KSA), as a result of material underwriting losses at the Saudi subsidiary. 16 May 2014
Insurance
Swiss Re has a $250m exposure to the Tokyo Olympics, while Munich Re could lose hundreds of millions of euros. 25 March 2020
Insurance
Recent reports highlighted the growing threat of cyber-attacks and data breaches to the energy sector, and underscore the growing need for protection, according to rating agency AM Best. 26 March 2018
Insurance
Rating agency AM Best has a negative outlook on the UK’s non-life market as the negative impact from the challenges the UK sector is facing is likely to last. 21 March 2018
Insurance
Insurance companies operating in the Middle East and North Africa (MENA) region have encountered supressed growth rates due to economic and political uncertainties, according to AM Best. 1 February 2018
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