Parametric risk transfer is gaining broader acceptance as insurers look for new ways to cover natural catastrophe and weather-related exposures. Against that backdrop, AM Best is set to take part ...
Country-specific economic, legal and market conditions remain a core factor in how insurers and reinsurers are assessed for financial strength. AM Best says its country risk framework groups ...
AMEX Assurance Company keeps its existing AM Best ratings as the insurer continues to show strong capitalization and profitability in its travel-focused niche. The stable outlook reflects support ...
The Baltimore Life Insurance Company keeps its B++ financial strength rating and “bbb+” long-term issuer credit rating, but its issuer outlook turns negative as capital measures continue to ...
Mutual Capital Insurance Group is adjusting its ratings profile after a regulatory change tied two of its insurers more closely to the broader organization. AM Best raised the financial strength ...
Hiscox's main insurance subsidiaries and holding company continue to carry unchanged AM Best credit ratings as the group maintains a stable outlook. The affirmation covers entities in Bermuda, the ...
HDFC International Life and Re remains backed by stable credit assessments as it expands its health reinsurance and direct retail insurance activities. The rating action covers the United Arab ...
New Jersey insurer Farmers Insurance Company of Flemington faces lower credit ratings after a deterioration in operating performance tied to weather losses, inflation and higher reinsurance costs. ...
CVS Health is moving toward a two-company separation that prompts fresh scrutiny of key insurance ratings across its Aetna operations. The review covers Aetna Health & Life Group entities and CVS ...
Luxembourg-based Nuclear Industry Reinsurance Association receives a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of bbb+ from AM Best, both with a stable outlook. The ...
Constellation Insurance's main life insurance subsidiaries retain their existing AM Best ratings as the group continues to operate with stable credit fundamentals. The rating action covers ...
Dubai is set to host one of the Middle East's larger insurance finance gatherings later this month, with AM Best scheduled to take part in the two-day CFO summit. The ratings agency's presentation ...
Asia's reinsurance market is facing rising complexity as insurers respond to growing facultative demand and a broader shift in risk exposure. Climate-related losses and cyber threats are pushing ...
Anchor General Insurance Company and its subsidiary Pacific Star Insurance Company receive a positive outlook revision while keeping their existing financial strength and issuer credit ratings. ...
Knighthead Insurance Group keeps its key credit ratings unchanged with stable outlooks as the insurer expands across reinsurance, international annuities and the U.S. annuity market. AM Best also ...
Premia Reinsurance Europe S.A. remains under review after a change in ownership altered the outlook for its credit ratings. The Luxembourg-based reinsurer, formerly known as Cowen Reinsurance ...
AM Best says the credit ratings of Bermuda-based Cavello Bay Reinsurance Limited remain unchanged after parent Enstar Group Limited entered a new reinsurance agreement with Markel Group Inc. The ...
Funeral Directors Life Insurance Company has secured a more favorable ratings outlook as it expands in the pre-need insurance market. The change reflects stronger premium growth and new business ...
Fresh insurance industry developments on Nov. 1 span claims management, artificial intelligence oversight, life insurance strategy and California homeowners coverage. The latest AM Best lineup ...
Fresh developments across the U.S. insurance sector point to mounting operational and regulatory pressure on carriers. The latest AM Best lineup spans claims inflation, proposed limits on ...
El Salvador insurer Seguros e Inversiones, S.A. remains the country’s market leader as it expands selectively across Latin America through assumed reinsurance business. AM Best has affirmed the ...