The collapse of the Francis Scott Key Bridge in Baltimore is a tragic disaster with significant economic ...
Middle East: S&P says insurers currently broadly unaffected by Israel-Hamas conflict
The Israel-Hamas war is expected to continue over 2024, and Gaza will remain the epicentre, with continued pressure on Israel (AA-/Negative/A-1+) from Iran (unrated) and its proxies, according to S&P Global Ratings (S&P).
The Israel-Hamas war is expected to continue over 2024, and Gaza will remain the epicentre, with continued pressure on Israel (AA-/Negative/A-1+) from Iran (unrated) and its proxies, according to S&P Global Ratings (S&P).
Article / 2 days ago
Hong Kong: Moody's changes Peak Re's ratings outlook to 'Stable'
Moody's Ratings (Moody's) has changed the outlook to 'Stable' from 'Negative' of Peak Reinsurance (Peak Re) and it affirms the reinsurer's 'Baa1'...
Moody's Ratings (Moody's) has changed the outlook to 'Stable' from 'Negative' of Peak Reinsurance (Peak Re) and it affirms the reinsurer's 'Baa1'...
Article / 2 days ago
AM Best revises outlook on Trisura's credit ratings to stable from negative
Its risk management of US captive reinsurance contracts has improved, the agency said....
Its risk management of US captive reinsurance contracts has improved, the agency said....
Article / 5 days ago
Reinsurers implement “escalation clause” to limit exposure to Middle East conflict
Reinsurance recoveries related to hostilities in the Middle East could be limited by a conflict “escalation clause” introduced in certain specialty treaties at 1 January,...
Reinsurance recoveries related to hostilities in the Middle East could be limited by a conflict “escalation clause” introduced in certain specialty treaties at 1 January,...
Article / 6 days ago
AM Best downgrades outlook rating of Vermont Mutual to negative - CIT
AM Best has revised the outlook to negative from stable of Vermont Mutual Insurance Company, its reinsured subsidiary, Northern Security Insurance Company,...
AM Best has revised the outlook to negative from stable of Vermont Mutual Insurance Company, its reinsured subsidiary, Northern Security Insurance Company,...
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Article / 20 days ago
Hanoi Re ratings lifted by AM Best
AM Best has upgraded its outlook on Hanoi Reinsurance Joint Stock Corporation (Hanoi Re) to reflect an improving trend in the reinsurer's balance sheet...
AM Best has upgraded its outlook on Hanoi Reinsurance Joint Stock Corporation (Hanoi Re) to reflect an improving trend in the reinsurer's balance sheet...
Article / 22 days ago
State Farm's credit rating downgraded
AM Best has knocked down the insurer's Financial Strength Rating due to "weak" balance sheet strength...
AM Best has knocked down the insurer's Financial Strength Rating due to "weak" balance sheet strength...
Article / 26 days ago
AM Best downgrades State Farm General Insurance FSR to B
The downgrade reflects the company's balance sheet strength, which AM Best assessed as weak....
The downgrade reflects the company's balance sheet strength, which AM Best assessed as weak....
Article / 26 days ago
A.M. Best downgrades State Farm General
Rating agency A.M. Best Co. said Thursday it has downgraded the financial strength rating of State Farm General Insurance Co., the homeowners unit of State Farm Group, to B (Fair) from A...
Rating agency A.M. Best Co. said Thursday it has downgraded the financial strength rating of State Farm General Insurance Co., the homeowners unit of State Farm Group, to B (Fair) from A...
Article / 26 days ago
AM Best downgrades State Farm General to B on policyholder surplus deterioration
AM Best has downgraded the financial strength rating to B (Fair) from A (Excellent) of State Farm General Insurance Company, the unit of the personal lines giant...
AM Best has downgraded the financial strength rating to B (Fair) from A (Excellent) of State Farm General Insurance Company, the unit of the personal lines giant...
Article / 26 days ago
