A.M. Best Upgrades AXIS Capital Holdings to A+

A.M. Best Co. has upgraded the financial strength rating of AXIS Specialty Ltd. and its operating affiliates to "A+" (Superior) from "A" (Excellent) and its issuer credit ratings to "aa-" from "a+". ...

P/C Loss Reserve Cycles Are Real: AM Best Analysis

The idea that carriers release loss reserves when property/casualty insurance markets soften and strengthen them in hard markets is more than a theory, according to a new analysis by rating agency ...

Top 10 Non-Life Reinsurers: A.M. Best Ranking

There is only one new name on the latest ranking of the top 10 global non-life reinsurers, with China Reinsurance (Group) Corp. replacing Transatlantic Reinsurance Co. on a list extracted from an ...

A.M. Best Puts Tower Ratings Under Review

On Monday, A.M. Best Co. placed the "A-minus" financial strength rating of pooled and reinsured members of the Tower US Pool under review with negative implications. The Oldwick, N.J.-based rating ...

G-SII Designations Might Fuel Restructurings: S&P

New requirements that will be imposed on insurers that the Group of 20's Financial Stability Board has designated to be global systemically important insurers may motivate G-SII restructurings down ...

A.M. Best Revises Give Thumbs Up To Lloyd’s

On Friday, A.M. Best Europe–Rating Services Limited announced that it revised the outlook of its A (excellent) financial strength rating for Lloyd's to positive, affirming the rating and moving the ...

Enstar Deal Prompts A.M. Best Review Of Torus

A.M. Best Co. put the A-minus (excellent) financial strength ratings of Torus Specialty Insurance Company and Torus National Insurance Company under review with negative implications yesterday. The ...