AM Best
AM Best affirms Mapfre Re ratings amid sovereign turmoil
AM Best Europe has affirmed the financial strength ratings of A (Excellent) and issuer credit rating of 'A' for Mapfre Re, following the recent market volatility surrounding Spain's economic conditions.
Russian insurance market sees 'radical' changes
The Russian insurance sector is still young but is radically changing despite being fraught with challenges, according to a new report.
MENA insurers show resilience
Insurers and reinsurers in the Middle East and North Africa region have shown resilience in the past year and continue to maintain secure ratings.
AM Best removes ratings of Allianz Risk Transfer from under review
AM Best Europe Rating Services has removed from under review with negative implications and affirmed the financial strength rating of A (excellent) and issuer credit rating of 'a' of Allianz Risk Transfer.
Moss exit and senior management shake-up keep Aviva rating under review
Aviva's financial strength rating of A (excellent) has been reviewed and maintained by AM Best Europe while remaining under review with negative implications.
Mapfre Re downgraded amid fears over future of Spanish economy
Mapfre Group’s reinsurance arm’s issuer credit rating has been downgraded by AM Best Europe following an assessment of the consolidated group’s financial strength and ongoing risks in the Eurozone.
Opening the Takaful market
Initial forays into the Takaful market in the UK have so far met with failure. Despite this, there is still a conviction that a relevant Takaful market exists.
World Cup and Olympic fever fuels Brazil's general insurance growth
The 2014 FIFA World Cup and 2016 Olympic Games are proving to be catalysts for the growth prospects of Brazil's general insurance sector.
Vietnam premiums to reach $2.2bn in 2012
The Vietnam insurance market could reach VND46 trn (US$2.2bn) in premiums in 2012, according to AM Best.
Insurers reap benefits of Vietnam's growing middle class
Vietnam's insurance market has experienced strong double-digit premium growth in recent years and demand for insurance products is forecasted to continue, according to a recemt AM Best report.
Chubb's A++ financial strength rating affirmed
AM Best has affirmed the financial strength rating of A++ (Superior) and issuer credit rating of AA+ for the Chubb Group and its property/casualty members.
Capital requirements threaten stability of Philippines market
The Philippines insurance market has recovered from the turbulence of the global financial crisis but faces significant hurdles with the introduction of higher capital requirements, according to an AM Best report.
General Arabia Insurance assigned 'B+' financial strength rating
Jordan-based General Arabia Insurance Company has been assigned a 'B+' financial strength rating and 'BBB-' issuer credit rating by AM Best.
AM Best downgrades and withdraws Omega rating
AM Best Europe has downgraded Omega Speciality Insurance’s financial services rating from A- to B++ and withdrawn the ratings at the request of Omega Insurance Holdings.
AM Best downgrades Brit after QBE sale
Rating agency AM Best has downgraded the financial strength rating of Brit Insurance Limited to 'A- (Excellent)' from 'A (Excellent)' and the issuer credit rating to 'a-' from 'a' and placed the ratings under review with negative implications.
Saudi Arabia ripe for growth as health insurance dominates market
Health represented 53% of gross written premiums in 2010 and regulation has changed the Saudi Arabia insurance market dramatically with further development anticipated, according to a report.
In Series: Emerging Markets - MENA means business
Despite growing competition in the Middle East and North Africa from local providers, there are still opportunities for foreign insurers in the market
In Series: Emerging Markets - MENA means business
Despite growing competition in the Middle East and North Africa from local providers, there are still opportunities for foreign insurers in the market
AM Best confirms RSA's A rating
AM Best has affirmed the A (Excellent) financial strength rating and 'a' issuer credit ratings of the main UK operating subsidiaries of RSA Insurance Group.
AM Best gets green light for Dubai branch
Ratings agency AM Best is to open an office in the Dubai International Financial Centre in Dubai, UAE, after receiving the necessary regulatory and legal approval.
Insurance Insight – top 10 stories
The top 10 stories from www.insuranceinsight.eu over the past seven days.
Chartis Europe SA assigned "A" IFS ratings
Chartis Europe SA (France) and Chartis Europe (UK) have been assigned "A" (Excellent) financial strength ratings and "A" issuer credit ratings by AM Best.
Malaysian Reinsurance Berhad has "A-" IFS rating affirmed
AM Best has affirmed the financial strength rating of "A-" (Excellent) and issuer credit rating of “A-” of Malaysian Reinsurance Berhad, the wholly owned subsidiary of MNRB Holdings Berhad.
Reinsurance - January renewals: Toughen up
Despite the catastrophes of 2011, the predicted — and much needed — January renewal rate hardening has failed to materialise.