Regulation & Compliance
Future Workers Compensation Profitability Faces Obstacles
Workers compensation, the largest product segment in the U.S. commercial lines insurance sector, has experienced a recent profit renaissance, moving to a significant underwriting profit in ...
CROs in Place at Less Than 40% of Insurers: A.M. Best Survey
While more than 40 percent of insurers leave risk officer responsibilities to their chief executive officers or chief financial officers, just under 40 percent have a designated chief risk officer, ...
Western European Insurers, Hammered by Low Interest Rates, Slow to Revamp Investments
Insurers in Western Europe have generally stayed the course with their investment mixes in recent years, even as they've been hammered by record-low interest rates, Standard & Poor's Global ...
Captive Insurers Have a Strong Place in the U.S. Market: A.M. Best
Captive insurance companies rated by A.M. Best ended 2015 in strong form, recording pretax operating income of $1.4 billion, a 13.5 percent increase over 2014, according to a new A.M. Best special ...
AIG, Other Insurers Emerge as Financial Supermarkets as Banks Spurn Risk
When all else fails, lend. That's the strategy of some of the biggest U.S. insurers as they seek higher returns in an investment universe where buying bonds sometimes means guaranteed losses. The ...
Mutual Insurers Rebound (Slightly), Though Threats Remain: Swiss Re
Mutual insurance companies have gained back some of the global market share they lost due to demutualizations in recent years. Those gains are threatened, however, by new financial regulations, ...
Kemper Wins A.M. Best Ratings Affirmation, Plus Warnings of Limited Growth
Kemper Corp. won some ratings affirmation validation from A.M. Best, but that good news is paired with a warning of the insurer's limited growth potential down the line. A.M. Best affirmed the ...
Best Revises Lloyd’s Outlook to Stable from Positive on Difficult Business Conditions
A.M. Best has revised the outlooks to stable from positive of Lloyd's and Lloyd's Insurance Co. (China) Ltd., while at the same time affirming their financial strength rating (FSR) of A (Excellent) ...