News
Insurance
AM Best has upgraded the financial strength ratings of a number of subsidiaries of ACE to A++ from A+. 14 April 2014
Insurance
At an Intelligent Insurer roundtable in Monte Carlo, seven senior leaders from different parts of the industry debated how it innovates to maintain its relevance in a fast-changing world. 12 September 2022
Insurance
The COVID-19 pandemic caused wholesale disruption to re/insurance market pricing, as carriers were hit with a range of losses and challenges to capital. With restrictions easing and some semblance of normality fitfully spurring the economy forward, how will re/insurance pricing in the US and Bermuda react? 28 July 2021
Insurance
The US re/insurance industry gathered at the Sheraton Hotel in Denver in early November for the first in-person APCIA annual conference since 2019. Here are the key takeaways from this year’s event. 11 November 2021
Insurance
The US cyber market grew significantly in 2017 with direct premiums written by US property/casualty (P&C) insurers (excluding non-US and alien surplus lines insurers) rising nearly 32 percent year over year to $1.8 billion, according to AM Best. 21 May 2018
Insurance
The looming expiration of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is a concern for insurers with significant terrorism exposures, AM Best warned. 16 April 2018
Insurance
S&P Global and Fitch Ratings have revised AXIS's outlook to 'negative', while AM Best has downgraded its FSR. 13 May 2020
News
GeoVera Reinsurance, part of catastrophe specialist the GeoVera Insurance Group, has secured a financial strength rating (FSR) of A from AM Best. The outlook on the rating is stable. 13 June 2014
Insurance
Rating agency AM Best has downgraded the financial strength and issuer credit rating of The Mediterranean & Gulf Insurance & Reinsurance Company (Medgulf Bahrain) and The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company, a Saudi joint stock company, (Medgulf KSA), as a result of material underwriting losses at the Saudi subsidiary. 16 May 2014
Insurance
Swiss Re has a $250m exposure to the Tokyo Olympics, while Munich Re could lose hundreds of millions of euros. 25 March 2020
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