Substantial rate improvements, higher attachment points and rising investment income are combining with increased demand for reinsurance cover to create...
AM Best report News
The recent devastating floods following Super Typhoon Saola in Hong Kong and other parts of China may add further pressure...
The U.S. homeowners insurance segment has been hit with three consecutive years of net underwriting losses as a result of...
Munich Re holds onto the top spot in AM Best’s annual ranking of the top 50 global reinsurance groups for...
Despite extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment returned an underwriting profit in 2022,...
Workers’ compensation insurers’ underwriting results continued to outpace the rest of the U.S. property/casualty (P/C) commercial sector in 2022, as...
Direct premium written through the delegated underwriting authority enterprises (DUAE) market in the United States continued its significant growth rate...
Seventeen U.S. property/casualty insurance companies became impaired in 2021, with seven of the impairments driven by catastrophe losses from hurricanes,...
The U.S. property/casualty (P/C) industry recorded a $26.5 billion net underwriting loss in 2022, $21.5 billion more than the $5...
Two powerful earthquakes, which hit southeastern Turkey on Feb. 6, 2023, deliver another blow to the local re/insurance industry, according...