News

Technology

Q4 2024 ransomware attacks hit new record: Travelers

But ransom payouts fell by a third in ’24, as businesses faced down extortion demands.   7 March 2025

Reinsurance

Bermuda reinsurers enjoy boost due to Bermuda corporate tax

The CIT Act of 2023 will impose a 15% corporate income tax rate on some businesses.   10 September 2024

Insurance

AM Best assigns negative outlook to US general liability market

The rating agency cites concerns over social inflation and third-party litigation financing.   16 December 2020

Insurance

AM Best issues clarification on how insurers’ ESG risks are viewed

It has refined its Best’s Credit Rating Methodology to make things easier to understand.   22 December 2020

Reinsurance

Reinsurance reset put earnings well past cost of capital in 2023

Market volatility points to higher true cost of capital, beyond latest earnings surge.   23 August 2024

Alternative Risk Transfer

ILS gains too ‘modest’ to alter capacity story, despite cat bond glory

Reinsurer capital generation trumps ILS with its constant threat of redemption.   19 August 2024

Risk Management

Hurricane Otis: the end of LatAm’s nat cat calm

Re/insurers in the region saw their four-year nat cat hiatus shattered in October, just as political turbulence looms—with 2024 marked out as a year of elections, says AM Best.   1 March 2024

Insurance

Parametric solutions can spring from early successes into new lines

Watch for developments in management liability, financial lines, and cyber: AM Best.   22 December 2023

Insurance

Hard markets and remediation pay off: London Market put to positive

‘Strong’ pricing across most lines spells solid underwriting profit, AM Best says.   22 April 2024

Insurance

US E&S market past peak growth but remains bullish

Growth in the E&S sector peaked in 2021 but it still outpaces P&C growth.   5 October 2024

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