A+ Archives - Carrier Management

P/C Insurers Writing Event Cancellation Business Could Face Major Losses: A.M. Best

Although event cancellation insurance represents a very small percentage of overall property/casualty premium, the losses for carriers that write this line of business amid the COVID-19 outbreak ...

Executive Profile: How to Drive Change Within the Industry

Pina Albo began her career as a lawyer in Toronto, Canada. After practicing in real estate, corporate finance and M&A, she started at Munich Re as a claims expert. During her 25-year career at ...

Verisk Expands Casualty Analytics Capabilities With UK Acquisition

Verisk Analytics now owns Arium, a British company focused on liability risk modeling and decision support. Neither side disclosed financial terms, but the acquisition is the latest in a series of ...

User Survey Results: How Do Rating Agency Letter Grades Compare?

Users of insurance financial strength ratings issued by A.M. Best and Fitch Ratings aren't entirely clear on how the letter grades of the two credit rating agencies compare, a Wells Media survey ...

ACE Limited P/C Subs in North America Now Rated A++: A.M. Best

On Friday, A.M. Best announced that the rating agency upgraded the financial strength rating (FSR) of the North American property/casualty subsidiaries of ACE Limited to "A++" from "A+," also raising ...

Lack Of Visibility On Buffett Successor A Concern—But Not Enough To Tip Best Ratings

A.M. Best affirmed the "A++" financial strength rating and "aaa" issuer credit ratings of Berkshire Hathaway's National Indemnity Co. and its affiliates on Wednesday, while commenting on the lack of ...

AIG Restructuring Successful, P/C Subs Now A-Plus: S&P

The restructuring that reshaped American International Group over the past two years has been successful in the opinion of analysts for Standard & Poor's, who boosted the rating for AIG's the ...