Reinsurers Face Major Claims Uncertainties, but Reap Benefits of Pricing Tailwinds September 16, 2021 By L.S. Howard A principal negative factor affecting the reinsurance industry is the large amount of claims uncertainty, but positive tailwinds are offsetting...
Insurance Industry Will Withstand Ida’s Losses in Louisiana, Neighboring States: Analysts September 2, 2021 Though estimates of Hurricane Ida’s impact on the insurance industry vary, both AM Best and S&P Global Ratings say losses...
Munich Re Moves Ahead of Swiss Re as Reinsurer With Most GPW: AM Best September 2, 2021 Munich Re replaced Swiss Re as the largest reinsurer in AM Best’s annual ranking of the Top 50 Global Reinsurance...
AM Best Assigns B+ Rating to Texas’ National Unity Insurance August 17, 2021 AM Best assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of “bbb-” (Good) to National...
AM Best Downgrades Credit Ratings for Kingstone Insurance Company August 10, 2021 AM Best has downgraded the financial strength rating to B+ from B++ and the long-term issuer credit rating to “bbb-”...
Germany’s Floods Will See ‘Sizable’ Protection Gap. Could Insurance Demand Increase? July 22, 2021 By L.S. Howard With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s...
AM Best Assigns Credit Ratings to Spinnaker Specialty Insurance Company July 9, 2021 AM Best has assigned a financial strength rating of A- (excellent) and a long-term issuer credit rating of “a-” (excellent)...
Insurors Indemnity Ratings Unchanged by Colonial Lloyds Announcement: AM Best June 23, 2021 AM Best says the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of...
AM Best Revises Outlooks to Negative for Members of NLC Insurance Companies Pool June 4, 2021 AM Best has revised the outlooks to negative from stable and affirmed the financial strength rating of A- (excellent) and...
AM Best Withdraws Credit Ratings of First American Property & Casualty and First American Specialty May 28, 2021 AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb” (Good)...