Global commercial insurance rates increased by 1% on average in the first quarter of 2024, compared with ...
Skeptical AM Best Tags US D&O Segment With Negative Outlook
Rating agency AM Best has assigned a negative outlook to the U.S. directors and officers liability insurance segment as more market entrants increase capacity and drive down pricing in the...
Rating agency AM Best has assigned a negative outlook to the U.S. directors and officers liability insurance segment as more market entrants increase capacity and drive down pricing in the...
Article / 2 months ago
AM Best Places Ratings of R&Q and Subsidiaries Under Review with Negative Implications
AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-”...
AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-”...
Article / 1 year ago
MS Amlin’s Long-Term Issuer Credit Rating Downgraded by AM Best
AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating...
AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating...
Article / 1 year ago
AM Best Gives A+ Rating to PartnerRe’s New MGA-Driven Insurance Ops
AM Best has assigned an A+ financial strength rating of A+ (Superior) to PartnerRe Insurance Solutions Bermuda Ltd. (PartnerRe Ins Solutions BM Ltd), a newly...
AM Best has assigned an A+ financial strength rating of A+ (Superior) to PartnerRe Insurance Solutions Bermuda Ltd. (PartnerRe Ins Solutions BM Ltd), a newly...
Article / 1 year ago
Global P/C Insurance Outlook Now Negative: Moody’s
High claims inflation and rising reinsurance costs are among the factors that prompted analysts at Moody’s Investors Service to change their outlook for the global property/casualty sector from...
High claims inflation and rising reinsurance costs are among the factors that prompted analysts at Moody’s Investors Service to change their outlook for the global property/casualty sector from...
Article / 1 year ago
Two Bankers Insurance Firms Lose Ratings; Florida OIR Offers Info on Backstop
The Demotech financial review firm has withdrawn the stability ratings for two more Florida property insurance companies, Bankers Specialty Insurance and...
The Demotech financial review firm has withdrawn the stability ratings for two more Florida property insurance companies, Bankers Specialty Insurance and...
Article / 2 years ago
Florida Regulators, FAIA Slam Demotech for Reported Plans to Downgrade 17 Carriers
Florida's top insurance regulators and the Florida Association of Insurance Agents on Thursday blasted the Demotech financial rating firm after the
Florida's top insurance regulators and the Florida Association of Insurance Agents on Thursday blasted the Demotech financial rating firm after the
Article / 2 years ago
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 said it is maintaining its negative outlook on Mexico's insurance market segment due to increased levels of inflation and slow GDP growth...
Article / 2 years ago
Florida’s Capacity Insurance Gets Downgraded, Stops Writing New Business
AM Best has withdrawn its financial strength rating for Sunrise, Florida-based Capacity Insurance, and the company has stopped writing new business...
AM Best has withdrawn its financial strength rating for Sunrise, Florida-based Capacity Insurance, and the company has stopped writing new business...
Article / 2 years ago
S&P Global Heeds Warnings, Withdraws Proposal for Insurer-Rating Changes
S&P Global Ratings said it is withdrawing a proposal to change the way it assesses risk-based capital adequacy for insurers and reinsurers....
S&P Global Ratings said it is withdrawing a proposal to change the way it assesses risk-based capital adequacy for insurers and reinsurers....
Article / 2 years ago