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The US property/casualty (P&C) industry recorded a net underwriting loss of $5.1 billion for the first six months of 2017, a deterioration from the loss of $2.0 billion in the prior year period, according to ratings agency AM Best. 30 August 2017
article
Rating agency AM Best has placed Gulf Reinsurance under review with negative implications. The ratings will be reviewed again by the end of November 2014. 23 September 2014
Insurance
The US domestic professional surplus lines (DPSL) insurers posted a combined ratio of 107.8 percent in 2016, its highest in 10 years excluding 2012 which was impacted by Superstorm Sandy, AM Best said in a Sept. 5 report. 5 September 2017
Insurance
The reinsurance sector is in the challenging later stages of a soft market, meaning conditions remain ripe for mergers and acquisitions (M&A), Robert DeRose, senior director of reinsurance at AM Best, told Monte Carlo Today. 11 September 2017
Insurance
Non-life insurance and investment specialist Randall & Quilter Investment Holdings (R&Q) raised gross proceeds of approximately £100 million to support the development of its programme management business, and assist in maintaining the AM Best credit and financial strength ratings of the accredited companies. 7 February 2019
News
AM Best has revised its outlook of Reaseguradora Patria’s (Patria Re) financial strength ratings to positive from stable and affirmed its financial strength rating of A- (Excellent). Patria Re is a Mexico domiciled reinsurer that operates primarily within the Mexican and Latin American markets. 31 July 2013
Insurance
Mexico’s insurance industry is still assessing the aftermath of two earthquakes in September. AM Best’s Alfonso Novelo, senior director-analytics, and Elí Sanchez, senior financial analyst, addressed questions on the potential impact on insurers for FIDES Today. 14 November 2017
Insurance
The MGA is looking to a legal eagle to help build out its transactional risks team. 12 August 2025
Insurance
Appointee to lead segment with Bermuda chops and innovative solutions. 25 February 2026
Insurance
Bermuda remains well placed to help the industry solve challenges including a capacity crunch in property-cat business. That was the broad sentiment of nine industry leaders attending the annual Bermuda Roundtable in Monte Carlo, hosted by Bermuda:Re+ILS and sponsored by Aspen. 12 September 2022
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