News

Insurance

AXIS outlook revised to negative due to insurance operations

AM Best has revised the outlooks to negative from stable of AXIS Capital Holdings and its operating subsidiaries, according to a Feb. 16 press release.   19 February 2018

Insurance

US P&C industry records $6.6bn underwriting loss in 2016

The US property/casualty (P/C) industry recorded a $6.6 billion underwriting loss in 2016, following three consecutive years of underwriting profitability, according to an AM Best special report.   15 May 2017

Insurance

Gallagher bolsters Middle East team with key leadership appointment

Insurance expert will focus on large clients, market engagement, business development.   3 September 2025

Insurance

Reinsurance market appears to be stabilising despite ongoing pressures

While rates continue to remain low and the sector overcapitalised, the conditions of the global reinsurance market appear to be stabilising, according to AM Best.   9 January 2017

Insurance

PwC Caribbean names new CEO to drive regional growth agenda

Leadership transition set for July as long-serving chief retires.   22 April 2026

Insurance

Sirius placed under review with negative implications due to Phoenix deal

Rating agency AM Best has placed Bermuda-based Sirius International Group's (SIG) outlook "under review with negative implications" following the company's recent announcement to acquire control of Israeli insurer Phoenix.   28 November 2017

Awards

AM Best voted Best Rating Agency by the readers of Intelligent Insurer

27 September 2013

Insurance

Speed of convergence capital entering market has slowed

The speed of convergence capital entering the market seems to have slowed, according to a new AM Best briefing.   10 January 2017

Insurance

Western European re/insurers stable but clouds loom

The credit quality of Western European insurers and reinsurers has been stable over the past 12 months, despite a difficult period of low investment yields, a competitive environment, particularly for reinsurers with an abundance of capacity, and challenges to meet shareholders’ expectations, according to AM Best.   30 January 2017

Insurance

Asbestos loss estimate rises to $100 billion for US carriers

US property/casualty insurers can expect losses from third-party liability asbestos claims to increase 18 percent to $100 billion, according to an AM Best report.   29 November 2016

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.