am best outlook News

AM Best Revises Outlooks to Negative for Farmers Insurance of Flemington

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Farmers Insurance Company of Flemington. AM Best said the negative outlooks …

AM Best Revises Outlook for Missouri Farm Bureau Group

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of Farm Bureau Town and Country Insurance Company of …

AM Best Keeps Negative Outlook on Mexico’s Insurance Industry

AM Best said it is maintaining its negative outlook on Mexico’s insurance market segment due to increased levels of inflation and slow GDP growth. AM Best’s analysts project 2% growth for the country’s insurance industry in 2022. The country’s premium …

Infrastructure Investment Package Expected to Boost Surety Market: AM Best

The recently enacted $1.2 trillion U.S. infrastructure package is expected to result in more business opportunities for surety companies given the new and sizable investments that the transportation and energy sectors will see, according to a new AM Best report. …

AM Best Raises Outlook for P/C Commercial Lines to Stable From Negative

AM Best has revised its 2022 market segment outlook for the U.S. property/casualty commercial lines insurance industry to stable from negative, despite some near-term challenges including inflation, an uneven economic recovery and continued pressure on jury awards and settlement costs. …

How Personal Lines Insurance Sector Will Fare in 2022

Thanks in part to higher surplus levels and favorable risk-adjusted capitalization at the start of 2021, the U.S. personal lines insurance segment has managed to navigate the challenges of this year including above-average catastrophe activity, a return to pre-pandemic frequency …