Rating Agencies
As P/C Companies Turn to Predictive Analytics, Some Underwriters are Wary
If you're wondering how important predictive analytics is becoming to property/casualty insurance companies, consider this: 56 percent of industry respondents in a new survey said they plan to start ...
The Hartford’s Continued Upswing Wins a Standard & Poor’s Ratings Upgrade
Hartford Financial Services Group's continued rebound has led Standard & Poor's to raise its financial strength credit rating for the insurance giant. Specifically, Standard & Poor's said it ...
Top D&O Insurer Ranking Shows CNA Moving Up: Fitch Analysis
Although market leaders in the directors and officers liability insurance segment have stayed relatively unchanged in recent years, CNA edged its way into the top five last year, according to a ...
U.S. Insured Property Values Reach New Heights and Cluster in Coastal Regions
U.S insured property values as of 2014 exceed $90 trillion, but the bulk of that is increasingly concentrated in vulnerable coastal areas. With that in mind, new risk metrics could better help ...
A.M. Best’s New Capital Model Still a Work in Progress
Changes to A.M. Best's capital model are in the works, but the form they will take is still unclear—even to Best analysts working to test possible metrics for this key component of ...
AXIS, PartnerRe and Their $11B Merger Are Back in S&P’s Good Graces
AXIS Capital Holdings Ltd., PartnerRe Ltd. and their pending $11 billion merger are back in Standard & Poor's good graces, which has affirmed the ratings of both companies after essentially ...
A.M. Best: ORSA Won’t Affect Its Ratings Process
A.M. Best said that the new Own Risk and Solvency Assessment (ORSA) requirements taking effect for insurers in the U.S. this year won't affect its ratings process much at all. "Most carrier filing an ...
A.M. Best Affirms AIG P/C Subs Despite Reserve Deficiency
Although A.M. Best says property/casualty insurance loss reserves at American International Group remain deficient, the rating agency affirmed the "A" financial strength rating of AIG's U.S. and ...