Rating Agencies
Fitch Highlights Cyber Risks of Quantum Computing
Although the lightning fast speeds of quantum computing will provide many benefits to insurance carriers, there's also a big down side: increased cyber risk, Fitch Ratings noted in a recent briefing. ...
A.M. Best’s Innovation Assessment Set to Roll Out in First-Half 2020
A.M. Best plans to start assessing innovation as part of the credit rating methodology it uses to evaluate carriers in the first half of 2020, Chief Rating Officer Stefan Holzberger said. The ...
S&P Takes Closer Look at Argo Following SEC Subpoena Over Executive Compensation
The SEC's decision to subpoena Argo Group. International Holdings about its executive compensation practices is drawing the attention of Standard & Poor's. S&P said it has revised the outlook ...
Top 25 Non-Life Reinsurers: Munich Re Leads A.M. Best Ranking
Munich Re tops a ranking of global non-life reinsurers, eclipsing Swiss Re by more than $2.5 billion in gross premiums on a list extracted from an A.M. Best analysis. The rating agency's special ...
Progressive Corp. Tops Commercial Auto Charts; Others Still Ailing: Fitch
The commercial automobile insurance segment is headed for its ninth straight year of underwriting losses when the books close at year-end 2019, analysts at Fitch Ratings predict in a new report. In ...
S&P Changes Lloyd’s A+ Rating Outlook to ‘Stable’ from ‘Negative’
On Friday, S&P Global Ratings announced that the rating agency revised the outlook on its ratings on Lloyd's, the Society of Lloyd's, and its core subsidiaries to stable from negative, also ...
Third Point Re Slapped With Negative Outlook From AM Best; Ratings Affirmed
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of "A-"(Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" of Bermuda-based ...
Putting Insurer Innovation Under the Rating Agency Microscope
Underway for some time now, the disruption of the insurance industry has moved into a new phase, following the announcement by A.M. Best that it may soon begin scoring insurers' innovation efforts. ...