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Global reinsurers will incur notable losses from Hurricane Irma, but the storm will have only a limited impact on the sector’s capital, ratings agency AM Best said in a Sept. 14 report. 15 September 2017
Insurance
A Re/insurance Lounge panel of industry veterans believe the effects could reach even further. 13 October 2020
Insurance
The magnitude 7.1 earthquake that struck near Mexico City on Sept. 19 afternoon has caused major damage, according to a Sept. 20 AM Best report. 21 September 2017
Insurance
Insurers are expected to weather losses stemming from Hurricane Harvey relatively well in part thanks to the better reinsurance deals many have secured during the soft market, according to AM Best. 1 September 2017
Insurance
Rated non-life insurers in Macau will be able to withstand the Typhoon Hato losses with moderate impact on earnings, ratings agency AM Best said on Aug. 25. 25 August 2017
Insurance
Hurricane Maria is set to hit the same Caribbean/Puerto Rican insurers which have already been impacted by Hurricane Irma, AM Best said in a Sept. 19 report. 20 September 2017
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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 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
Insurance
The MGA is looking to a legal eagle to help build out its transactional risks team. 12 August 2025
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
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