Given the accounting differences for global insurance companies in different jurisdictions, a new global minimum tax on certain multinational companies...
AM Best News
AM Best credit rating agency has given Florida-based Journey Insurance Co. a financial strength rating of “excellent,” but downgraded the...
The U.S. property insurance market is accumulating cyber exposures that could result in $12.5 billion in non-physical damage losses and...
AM Best downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to...
A principal negative factor affecting the reinsurance industry is the large amount of claims uncertainty, but positive tailwinds are offsetting...
Though estimates of Hurricane Ida’s impact on the insurance industry vary, both AM Best and S&P Global Ratings say losses...
Munich Re replaced Swiss Re as the largest reinsurer in AM Best’s annual ranking of the Top 50 Global Reinsurance...
AM Best assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of “bbb-” (Good) to National...
AM Best has downgraded the financial strength rating to B+ from B++ and the long-term issuer credit rating to “bbb-”...
With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s...