News
Insurance
Italian market quirks add to European economic uncertainty to merit 3rd straight downgrade. 25 April 2022
Insurance
Third-party capital stabilises the count on ‘enhanced opportunities’ for ILS. 22 August 2022
Insurance
It’s fraught with outsourcing danger: even affiliated programmes cause ca. 1/3 of impairments. 23 May 2024
Insurance
Floods trigger 169k claims for A$2.4bn going into sixth week. 5 April 2022
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
Insurance
Utility focused specialty insurers “should be able to absorb the losses” arising from exposure to to PG&E’s bankruptcy, AM Best has said. 4 February 2019
Insurance
Three Russian insurance companies have had their credit ratings downgraded or withdrawn. 28 March 2022
Insurance
Insurers are still trying to catch up with other industries regarding technological innovation, according to a recent AM Best report. 21 February 2018
Insurance
Defence & containment costs fell 53% y/y for Florida-focussed carriers after 2022 reforms. 3 June 2024
Insurance
According to AM Best, the global reinsurance market in 2017 is wrestling with the French saying ‘plus ça change, plus c’est la même chose’—usually translated as ‘the more things change, the more they stay the same’. 12 September 2017
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