Regulation & Compliance
A.M. Best: Half-Year Results Hint at Year Three of Underwriting Profits
The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year ...
Zurich Outlook Still OK With S&P
Less than a week after A.M. Best announced that it would change the outlook on "A+" financial strength rating of Zurich Insurance Co. Ltd. to negative, Standard & Poor's has weighed in with a ...
Global Capital Standards Finalized For AIG and 8 Other Insurers
The world's nine biggest insurance companies will have to hold more capital under new rules just finalized by global regulators that aim to prevent taxpayer bailouts of the industry in a crisis. ...
Zurich’s Losses Lead to ‘Negative’ Ratings Outlook from A.M. Best
Zurich Insurance Company Ltd.'s A.M. Best ratings outlook is revised from stable to negative, following the company's disclosure of $275 million in losses from explosions at the Port of Tianjin in ...
Will ILS Investors Run for Cover After the Storm?
Most industry pundits agree that alternative capital is now a permanent fixture in the reinsurance marketplace. Where there is less agreement, however, is whether more opportunistic alternative ...
Volkswagen CEO Apologizes After EPA Finds Emissions Test Cheating
Volkswagen has ordered an external investigation after U.S. regulators found software the carmaker designed for diesel cars gave false emissions data, its CEO said on Sunday, adding he was "deeply ...
Surplus Lines Posts Record-Breaking Year for 2014
The surplus lines industry broke records in 2014, growing direct premium written in 2014 to $40.2 billion—the highest point in history, reports A.M. Best's "2014 Special Report U.S. Surplus ...
Top 25 Non-Life Reinsurers: A.M. Best’s 2015 Ranking
Catlin Group rose into the ranks of the top 25 global non-life reinsurers—even before considering the impact of a combination with XL Group—but no new names appeared among the top 10, according ...