Archive

  • US P&C insurers record $26.5bn underwriting loss for 2022

    22 March 2023

    Most due to auto lines and more severe cats

  • "ILS market at a crossroads," says AM Best

    20 March 2023

    Hurricane Ian was a major turning point, rating agency says

  • Credit Suisse bond holdings a concern for US insurers

    17 March 2023

    A number of insurers have small size holdings in troubled bank

  • Insurers' bond exposure to SVB is limited but equity fallout might hurt

    14 March 2023

    One insurer entity invested 325% of equities in the banking sector, AM Best finds

  • Climate is now one of the largest risks for US insurers

    28 February 2023

    Californian storms show insurers are "dealing with a different playing field," AM Best says

  • Philippines' Orsa adoption viewed positively by AM Best

    24 February 2023

  • Macroeconomic threat to future performance of "stellar" US surety sector

    20 February 2023

    US surety underwriters facing tough macroeconomic conditions, says AM Best

  • Turkey-Syria earthquakes: insured losses pegged at around $1bn

    09 February 2023

    Fitch Ratings says economic losses could reach $4bn or more from the tragedy

  • Turkish earthquake intensifies pressure on local reinsurers warns AM Best

    08 February 2023

    Rating agency said the market suffered significant deterioration in 2022

  • Finding a consensus on IFRS 17 leverage ratios

    23 January 2023

    Some signs of agreement on how financial leverage will be presented under the new insurance contracts accounting standard are emerging, but options remain open, as Christopher Cundy reports