Rating Agencies
Repair Your Damaged Reputations, AM Best Tells UK Insurers
While most of the COVID-related problems that plagued U.K. commercial property insurers will abate after the March anniversary of lockdowns, battles with reinsurers and damaged reputations are ...
Kemper Granted A.M. Best Ratings Upgrade
Kemper Corp. was granted an A.M. Best upgrade of its financial strength rating, based on a strong balance sheet and solid operating performance over time. The property/casualty insurer and its ...
Ranking U.S. Insurers: How They Score on ESG Performance
For the past several years, environmental, social and governance (ESG) factors have figured prominently in the investment decisions of institutional investors, pension funds and shareholders. The ...
Combined Ratios Still Better Than Breakeven Through Nine Months
In separate analyses published yesterday, both AM Best and Fitch Ratings reported double-digit drops in operating income for North American property/casualty insurers through nine months but said ...
New Insurance Group Inigo Raises $800M of Capital; Ex-Hiscox Execs Behind Launch
Inigo Ltd., a new London-based insurance group, announced it has completed a capital raise of approximately $800 million from a consortium of global investors. Former Hiscox executives are beyind the ...
AIG’s Decision to Separate L&R Biz Risks Possible Ratings Downgrades
American International Group's plan to downsize by divesting its Life & Retirement business is drawing cautious and wary reactions from rating agencies that follow the property/casualty insurance ...
Keeping Your Competitive Edge by Tracking Rating Bureau Content
Keeping up to date with rating bureau content has always been an onerous task for P/C insurance carriers, particularly small to midsize carriers with limited operational resources. According to ...
More Class of 2020 Reinsurers Unlikely
The Class of 2020 already has a new member, but it's not a true startup, the chair of the company said recently. Speaking at the KBW Insurance Conference in early September, Sid Sankaran, chair of ...