Articles

Insurance

HIM losses an earnings event for reinsurers

Despite losses from the recent hurricanes set to exceed $100 billion, AM Best still expects the losses to have only a limited impact on the sector’s capital, making this an earnings event more than a capital event for the overall US property/casualty industry.   16 October 2017

Reinsurance

Profile: AM Re Syndicate, a unique solution

AM Re Syndicate believes the US market is underserved by reinsurers. To solve this problem, the managing general agency is matching US primary carriers with security from Asia using quota share deals, to bring a very different offering to the market, as Intelligent Insurer reports.   4 April 2019

News

Trust Re results delay affects Oman Re

AM Best has placed under review with negative implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Oman Reinsurance Company (Oman Re).   10 August 2018

Insurance

Munich Re-backed insurtech At-Bay transitions to full-stack E&S carrier

It secured an AM Best rating of A- with stable outlook in April.   10 August 2023

Insurance

US–EU agreement unlikely to mean demise of legal entities

The bilateral “covered agreement” between the US and EU provides regulatory clarity and reduces the regulatory burden for US and EU reinsurers operating in each other’s markets, according to AM Best.   23 October 2017

Insurance

Hurricane Irma to have limited impact on reinsurers’ capital

Global reinsurers will incur notable losses from Hurricane Irma, but the storm will have only a limited impact on the sector’s capital, ratings agency AM Best said in a Sept. 14 report.   15 September 2017

Insurance

Lessons learned: what COVID-19 has taught the re/insurance industry

A Re/insurance Lounge panel of industry veterans believe the effects could reach even further.   13 October 2020

Insurance

M7.1 Mexico earthquake causes major destruction

The magnitude 7.1 earthquake that struck near Mexico City on Sept. 19 afternoon has caused major damage, according to a Sept. 20 AM Best report.   21 September 2017

Insurance

Favourable reinsurance terms will help insurers weather Harvey

Insurers are expected to weather losses stemming from Hurricane Harvey relatively well in part thanks to the better reinsurance deals many have secured during the soft market, according to AM Best.   1 September 2017

Insurance

Typhoon Hato to have limited impact on Macau insurers

Rated non-life insurers in Macau will be able to withstand the Typhoon Hato losses with moderate impact on earnings, ratings agency AM Best said on Aug. 25.   25 August 2017

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