strong balance sheets News

A.M. Best: Rated Middle Eastern Insurers Well-Capitalized; Reliant on Reinsurance

Insurers in the Middle East have strong levels of risk-adjusted capital, although they continue to rely heavily on reinsurance protection and carry elevated levels of investment risk. A new report from A.M. Best states that insurance markets in the Middle East are …

Reinsurance Rates Down by 11% for January Renewals: Guy Carpenter Survey

Guy Carpenter & Co. has reported that reinsurance rates-on-line fell at the January 1, 2014 renewal in nearly all classes and regions. The reinsurance broker’s global renewal report pointed to “strong balance sheets, relatively low loss experiences and an unprecedented …