News
Insurance
It may be politics as much as premiums that is the deciding factor when it comes to Latin America’s re/insurance prospects. There’s massive scope for growth, but players cannot ignore a history of political instability, says II panel. 5 March 2024
Insurance
US insurers with a large exposure to terrorism risk could face being downgraded by AM Best if the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is not renewed – a scenario that looks difficult at best given the hyper-partisan atmosphere pervading Washington at the moment, the rating agency has warned. 13 May 2019
Insurance
Rating agency AM Best has unveiled its new subsidiary AM Best (EU) Rating Services, based in Amsterdam, the Netherlands. 3 December 2018
Insurance
NPE grew 8.4% on double-digit commercial & homeowner multi-peril while auto lagged. 22 March 2023
Insurance
Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates. 14 November 2018
Insurance
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Labuan Reinsurance. 30 November 2018
Insurance
AM Best has placed its ratings ‘under review with developing implications’. 20 February 2023
News
Insurers working across the Commonwealth Independent States (CIS) of former Soviet Russia can expect to see further consolidation in their sector, according to the latest special report from AM Best. 29 January 2019
Insurance
AM Best has warned that uncertainty as to the UK’s future trading relationship with the EU has increased following the vote in the House of Commons on Jan. 15, 2019, rejecting the deal terms agreed with the EU by Prime Minister Theresa May’s government. 17 January 2019
Insurance
The ratings agency said QGIRC’s earnings have fallen below historical averages and regional peers. 17 February 2020
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