Rating Agencies
Nightclub Insurer Owner in Maryland Charged in $100M Policyholder Fraud
The owner of a Maryland-based insurer faces fraud charges for inflating the ratings of his company to win business, according to an indictment which seeks to recover more than $100 million in ...
Tower Group, Now Part of ACP Re, Gets a Ratings Boost
Now that Tower Group International is a part of Bermuda-based reinsurer ACP Re Ltd., its financial ratings have stopped dropping and are improving. A.M. Best said it upgraded the financial strength ...
Eight Years and Counting; Reserve Releases Continue, Fitch Says
Property/casualty industry prior-year loss reserves developed favorably for eight straight calendar years as of year-end 2013, according to a new report from Fitch Ratings, which also says the ...
ILS Pullback to Slow Re Price Declines, Moody’s Says
While reinforcing a negative outlook for the global reinsurance industry, Moody's Investors Service predicted a pullback in activity from insurance-linked securities funds in a report released early ...
A.M. Best’s View of the Industry: One-on-One With Rating Officer Matt Mosher
"Capital itself is not the problem. It's like guns. It's what you do with the capital that's the problem." The surprising analogy came from Matthew Mosher, senior vice president of rating services ...
Top 25 Non-Life Reinsurers: A.M. Best Ranking
This ranking is based on 2013 premiums. A more recent ranking based on 2014 premiums is now available. See related article, "Top 25 Non-Life Reinsurers Rank: A.M. Best's 2015 Analysis." AXIS Capital ...
S&P, Fitch Offering Clearer Windows Into Insurer Rating Processes
Since Standard & Poor's unveiled its updated criteria for rating insurers in May of last year, nothing much has changed with rating agency models, and few ratings changed in response to S&P's ...
S&P: Reinsurers Downplay Climate Change at Their Own Risk
Reinsurers must not take climate change for granted or underestimate its impact. If they do, they risk dealing with higher levels of catastrophic risks that fall way outside of their financial ...