AM Best said it has assigned and placed under review with negative implications a Long-Term Issue Credit Rating of bbb+...
AM Best News
Losses in Puerto Rico from Hurricane Ernesto are expected to be absorbed by the island’s domiciled insurers, according to industry...
Hard reinsurance pricing conditions are likely to last longer than in previous market cycles mainly due to persistently high claims...
AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the...
The U.S. homeowners insurance segment suffered a $15.2 billion underwriting loss in 2023, more than double the loss seen in...
For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion...
According to industry rating agency AM Best, there are enough positive factors to give the cyber insurance market a ‘stable’...
The U.S. directors and officer segment in 2023 recorded a direct loss ratio of 50.8—the best result in nearly a...
The U.S. property/casualty industry recorded a $9.3 billion net underwriting gain in the first three months of 2024, according to...
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and...