Articles

Insurance

US P&C insurers defy nat cat; double profit in 2021 on premium rebound

Berkshire Hathaway, Allstate & Progressive drive premiums on return to normal for auto.   11 April 2022

Insurance

Ratings users unaware of big differences between Fitch and AM Best

Fitch Ratings has released a report which details the differences and lack of comparability between its own insurance financial strength (IFS) ratings and those of AM Best – in particular at the 'A-' level.   18 July 2016

Insurance

Hannover Re unit placed ‘under review with negative implications’ by AM Best

AM Best has placed under review with negative implications the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” of International Insurance Company of Hannover SE (Inter Hannover) (Germany), a wholly owned subsidiary of Hannover Re.   24 May 2018

Insurance

AM Best rates credit insurer targeting LatAm

AM Best has assigned a financial strength rating of A- (Excellent) to Solunion Seguros de Crédito, Compañía Internacional de Seguros y Reaseguros, a credit insurer formed to write business in Spain and Latin America (excluding Brazil).   23 September 2015

Insurance

AM Best withdraws Lloyd’s Syndicate 1183 FSA after request

AM Best has affirmed the financial strength rating (FSR) of A (Excellent) of Lloyd’s Syndicate 1183 (UK), which is managed by Talbot Underwriting. However, it has also withdrawn the rating in response to the company’s request to no longer participate in AM Best’s interactive rating process.   8 April 2016

Insurance

Life insurers will be impacted by Brexit first, warns AM Best

European life insurers will be the first to be impacted by the UK’s decision to withdraw from the EU but all parts of the insurance sector should prepare to adjust their group structure, according to a senior director at rating agency AM Best.   6 July 2016

Insurance

Coronavirus epidemic impact on China’s non-life market likely to be limited

The central government is to shoulder the medical expenses.   4 February 2020

Insurance

Insurance potential linked to Mexico’s economic backdrop

Speaking to FIDES Today, rating agency AM Best outlines the unpredictable market in Mexico, Latin America’s second largest economy, and potential market growth in Panama.   9 September 2019

Insurance

French life Insurers under pressure to cut bonus rates as low interest rates bite

This should enable insurers to protect their margins on core traditional savings business.   3 February 2020

Insurance

AM Best to hold insurance market briefings in Europe

AM Best has announced it will be hosting insurance market briefings in both France and Germany.   11 March 2016

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