Deteriorating market conditions and rising loss costs led to a 60 percent increase in rating downgrades of AM Best-rated U.S.-based...
AM Best News
AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer...
The unique, evolving and often volatile nature of cyber risks has always lurked beneath the surface as the cyber insurance...
Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating...
Munich Re tops the list of the world’s 50 largest reinsurers that use IFRS 17 reporting standards, while Swiss Re...
AM Best said it has assigned and placed under review with negative implications a Long-Term Issue Credit Rating of bbb+...
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...