Professional Liability Underwriters Feeling Pressure From COVID: AM Best November 13, 2020 The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many...
AM Best’s Estimates for U.S. Insurers’ Asbestos & Environmental Losses Unchanged October 22, 2020 AM Best said its estimates of $100 billion in asbestos losses and $46 billion in environmental losses for the U.S....
Golden Bear in California Upgraded by AM Best October 22, 2020 AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating...
Ratings of Texas’ Hallmark Financial No Longer Under Review with Negative Implications October 20, 2020 AM Best has removed from under review with negative implications and affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of...
AM Best Upgrades Credit Ratings for Members of Arbella Insurance Group October 15, 2020 AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings...
COVID-19 Crisis Renews Attention on Systemic (Uninsurable) Risks September 30, 2020 By L.S. Howard Reinsurers and insurers for years have been worried about systemic risks – those uninsurable risks with the potential of surpassing...
Insurers, Policyholders, Analysts React to UK’s COVID-19 Business Interruption Ruling September 15, 2020 Insurers and observers are weighing in on the ruling by a London court in a test case brought by Britain’s...
Reinsurance Sector ‘Stable’ Despite Major Headwinds: AM Best September 14, 2020 By Adrian Leonard The tailwinds propelling the global reinsurance sector are sufficient impetus for the ratings agency AM Best to retain its stable...
After Beirut Port Explosion, AM Best Comments on Potential Insurance Exposures August 6, 2020 The devastating explosion at the Beirut’s port on Tuesday, Aug. 4 caused many casualties and considerable damage, but local insurance...
AM Best Removes from Under Review, Affirms Ratings of Texas’ National Lloyds Group July 17, 2020 AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A (Excellent) and...