A.M. Best News
U.S. Personal Auto Insurers See (Some) Turnaround in Their Bottom Lines: A.M. Best
U.S. personal auto insurers are showing some improvements in their bottom lines after a tough couple of years, according to a new A.M. Best market segment report. To be sure, the numbers are not ...
Marijuana Coverage Opportunities Growing for Carriers, Despite Ongoing Risks: A.M. Best
Marijuana is a growing opportunity for insurers across the United States as moves to legalize the drug have expanded across the country. But there are still a number of risks in play that could limit ...
High Cat Losses Helped Spike U.S. P/C Rating Downgrades in 2018: A.M. Best
U.S. property/casualty rating downgrades more than doubled in 2018 compared to the previous year, a result stemming from factors including catastrophic weather losses and challenging pricing ...
2018 Was the Third Consecutive Year of U.S. P/C Net Underwriting Losses: A.M. Best
The U.S. property/casualty insurance industry booked an estimated $12.1 billion net underwriting loss in 2018, the third consecutive year it landed in the red, according to a new A.M. Best market ...
A.M. Best Revamps Senior Management and Restructures
A.M. Best announced that Roger Sellek will step down as CEO of its Europe, Middle East and Africa (EMEA) and Asia Pacific (AP) regions at the end of March. As part of its succession planning process, ...
Property Catastrophe Retrocession a Bright Spot in Jan. 1 Reinsurance Renewals: A.M. Best
The property catastrophe retrocession market was a bright spot in what was largely flat pricing for reinsurance at Jan. 1 2019 renewals, A.M. Best said in its latest Market Segment Report. According ...
Technology, New Risks Will Keep D&O Pricing Pressure On: A.M. Best
Directors and officers liability insurance will confront continued pricing pressure for the foreseeable future, hammered by everything from intense competition to a number of new risks, A.M. Best is ...
U.S. Nonstandard Auto Market Makes Significant Strides: A.M. Best
A 102.2 combined ratio may not be seem very good. For the U.S. nonstandard auto market, however, it represents a big improvement over past performance. A new A.M. Best report concluded the market ...