News
Insurance
Bahrain’s status as the re/insurance hub in the Middle East is waning as other countries in the region have started to overtake it with newer risk based regimes, making the Arab-state’s insurance sector, historically viewed as progressive and comprehensive, look “slightly antiquated”, according to ratings firm AM Best. 10 July 2019
Insurance
This takes into consideration the sudden departure of Argo’s CEO Mark Watson III 8 November 2019
Insurance
AM Best changes its outlook on Canopius US and Bermuda reinsurance entities. 16 January 2023
Insurance
Russia's insurance market has reached a positive turning point as premiums grew in 2018 driven by life and non-life products, however, credit ratings agency AM Best warned that the recovery was “fragile” as threats remain. 18 July 2019
Insurance
Trade negotiations and regulatory decisions will dictate its longer-term impact. 30 January 2020
Insurance
Many have shifted capital from property-cat to casualty and specialty lines, says AM Best. 2 October 2022
Insurance
Ratings agency AM Best has assigned a financial strength rating of A (Excellent) with a ‘stable’ outlook to Brit Reinsurance (Bermuda), a wholly-owned subsidiary of specialty re/insurer Brit, reflecting a "very strong" balance sheet. 19 September 2019
Insurance
AM Best has upgraded the Long-Term Issuer Credit Ratings to “a+” from “a” of Bermuda-based Lancashire Insurance Company and its affiliate in the UK. 25 October 2018
Insurance
‘The roles of intermediaries, insurers and reinsurers are blurring, driven by merger and acquisition activity’. 8 November 2019
Insurance
Rating downgrades during the first half of 2019 outpaced rating upgrades for the first time in five years, according to a new AM Best report. 27 August 2019
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