AM Best
QBE ratings unchanged despite cat losses
AM Best has left the ratings of QBE unchanged despite the company almost halving its forecast profit after tax because of catastrophe losses.
Profits still elusive in growing Indian insurance market
Further growth is anticipated for India’s insurance market but achieving profitability remains a struggle for many insurers, according to a recent AM Best report.
AM Best: Reinsurance market "stable"
The reinsurance market remains stable despite “numerous challenges”, according to A.M. Best.
Bancassurance: a bright future?
With all the turmoil across the Eurozone and with regulatory upheaval ahead, it seems it could be an interesting time for the bancassurance market, as Jakki May reports.
Labauan Re warned over rated action due to Thai flood losses
AM Best has placed under review with negative implications and affirmed the financial strength rating of A- (Excellent) and issuer credit ratings of “a-” of Labuan Reinsurance.
Fitch positive on Tokio Marine's Delphi swoop for enhancing overseas earnings
Fitch Ratings has said that there will be limited immediate impact on Tokio Marine & Nichido Fire Insurance, a core company in Tokio Marine Group, from Tokio Marine Holdings's proposed acquisition of Delphi Financial Group.
AM Best warns of a reduction in ARIG's capital, but affirms rating
AM Best Europe has today affirmed the financial strength rating of B++ (Good) and issuer credit rating of “bbb+” of Arab Insurance Group. The outlook of both ratings remains stable.
Swiss Re rating upgraded due to "limited" exposure to eurozone debt
AM Best has upgraded the financial strength rating (FSR) to A+ (Superior) from A (Excellent) and issuer credit ratings (ICR) to “aa-” from “a+” of Swiss Re and its subsidiaries.
Exposure to eurozone economies impacts Aviva credit rating
AM Best has responded to ongoing negative developments arising from the eurozone sovereign debt crisis by taking rating actions against Aviva and a number of other European insurers.
AM Best downgrades Generali ratings
AM Best is taking rating actions on a number of European reinsurers following the continued negative developments regarding the eurozone sovereign debt crisis.
UK insurers wait on developments following PM Cameron EU Treaty veto
Standard and Poor’s downgrade warning on 15 insurers should have been “no surprise” but the market is still in the same position it was a week ago given the lack of “concrete activity” at the weekend, according to an industry analyst.
Overseas focus - China: a market of opportunity?
With an enormous population and low insurance penetration, China should be a market ripe for entering. Jakki May finds out it isn't as simple as it sounds but reveals an appetite for change and growth.
Bermuda market ‘difficult but promising’
The Bermuda insurance and reinsurance market has weathered pressure on its capital base and faces a promising renewal season AM Best has said.
News analysis: Escalating loss estimates in Thailand begin to trigger market fallout
It was the worst flooding Thailand had seen for 50 years and, during its four-month spell, more than 600 people died and 77 provinces were submerged in water.
US P&C losses climb to $38.6bn
AM Best has released its estimates for catastrophe-related losses experienced by the US property & casualty industry through the first nine months of 2011, which show that losses so far have nearly doubled total year-end 2010 losses.
Nationale Suisse rated at 'A-'
Schweizerische National-Versicherungs-Gesellschaft AG has achieved a financial strength rating of A- (Excellent) and issuer credit rating of "a-".
Aioi Nissay Dowa (China) achieves A- rating
Aioi Nissay Dowa Insurance (China) Company has had its financial strength rating of A- (Excellent) and issuer credit rating of “a-” confirmed with stable outlooks for both.
Hiscox has 'A' issuer credit rating affirmed
Hiscox has had its ‘A’ (excellent) issuer credit rating and ‘A’ (excellent) financial strength rating affirmed, along with its core subsidiaries.
Bahrain Kuwait Insurance assigned 'A-' ratings
Bahrain Kuwait Insurance Company has had a financial strength rating of A- (Excellent) and issuer credit rating of “A-” assigned by AM Best.
BI claims likely to contribute significantly to $20bn Thai flood losses
The majority of insurance losses from flooding in Thailand will come from the impact on manufacturing and supply chains, AM Best has confirmed.
AM Best assigns “A-“ ratings to Garant Versicherungs
Ratings service AM Best has assigned a financial strength rating of “A-“ (Excellent) and an issuer credit rating of “A-” to Garant Versicherungs-Aktiengesellschaft.
Eurozone turbulence threatens insurers’ balance sheets
Ongoing market turbulence within the region and recessionary pressures threaten to undermine the strength of eurozone insurers’ balance sheets, according to a report by AM Best.
Generali and its main subsidiaries placed on negative watch
Ratings service AM Best has placed the financial strength rating of “A+” (Superior) and issuer credit rating of “AA” of Assicurazioni Generali SpA and its main subsidiaries under review with negative implications.
AM Best warns of Thai floods hitting BI
AM Best has warned that Thailand’s ongoing flood disaster will trigger significant commercial and business interruption losses to manufacturing and supply chains in global markets.