A.M. Best Trend: Negative Insurer Ratings Outnumber Positive in 2015 First Half

October 12, 2015

  • October 12, 2015 at 3:16 pm
    Agent says:
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    My guess is that aggressive premium growth outstripping surplus is a good reason the ratings have declined. Then, the company has to stop growing for a while so it is harder to place business.

    • October 12, 2015 at 3:27 pm
      Agent says:
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      Why am I seeing other reports that the P&C industry is experiencing growth in premium and earnings over prior years and this is a negative story.

      • October 13, 2015 at 7:55 am
        CL PM says:
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        I think it is because AM Best has a an over-inflated place of relevance in our industry. I have been on the company end of many AM Best evaluations and they barely scratch the surface of what is going on at a company. Not necessarily their fault as truly getting inside of what is going on is nearly impossible for them, but the significance of their ratings and evaluations is way over-stated.

        • October 13, 2015 at 12:29 pm
          Agent says:
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          AM Best sure got it wrong on AIG, didn’t they? They still had an A rating on their companies while the government was bailing them out to the tune of $182 Billion. What is wrong with that picture?



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