News
Insurance
The overall profitability for AM Best's composite of global reinsurers could drop to a six-year low, and the ratings agency estimates a 2017 combined ratio of 110 percent for the sector, with return on equity (RoE) ranging from 0 percent to -5 percent. 16 November 2017
Insurance
Fresh from an upgrade in its rating by AM Best, Austral Re is considering new opportunities and growth in the Latin America region. 25 September 2023
Alternative Risk Transfer
The series of earthquakes that took place in Mexico in September and their impact on the Fonden catastrophe (cat) bond may sour the appetite of insurance-linked securities (ILS) investors going forward. 15 November 2017
Insurance
The re/insurer said the former captive reinsurers will enable QBE Re to write third party reinsurance to their balance sheets. 13 December 2024
Insurance
AM Best has downgraded Kenya Reinsurance Corporation due to concerns over the effectiveness of its enterprise risk management (ERM) in the face of expected business growth and increasingly sophisticated competition. 21 February 2018
Insurance
While the judgment brings greater clarity, uncertainty remains around the volume and severity of valid claims. 17 September 2020
Insurance
Claims head to further operations, philosophy and technology. 13 October 2025
Insurance
New companies have formed in recent years to take property/casualty risk in Florida from state-formed Citizens in a soft market and Hurricane Irma will be the first test for them, said ratings agency AM Best in a Sept. 14 report. 15 September 2017
Alternative Risk Transfer
Investors and cedants navigate easing rates as ILS market reaches historic highs. 25 September 2025
Insurance
Rating agency AM Best has downgraded Canopius Reinsurance after it reviewed the firm following its acquisition by Centerbridge Partners. 23 March 2018
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