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777 Re downgraded to junk status
19 February 2024AM Best says Bermudian life reinsurer's balance sheet is "very weak"
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Social inflation puts casualty re/insurers under continued pressure
15 February 2024AM Best says third-party litigation funding continues to drive social inflation in the US
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Noto Peninsular earthquake likely to trigger $5.3bn insured losses, says Global Data
13 February 2024AM Best flags possible reinsurance rate hikes in April renewals
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AM Best flags further worsening in cost and availability for Californian property cover
12 February 2024Using historic data for pricing increasingly "unwise" as new climatic paradigm emerges
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P&I Clubs rate hikes needed for "price adequacy" in next week's renewals, says AM Best
12 February 2024Hikes of between 5% to 7.5% are expected, lower than 10% seen a year ago
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Strategies to manage cyber risk diverge among Europe's re/insurers
07 February 2024Despite this, AM Best still expects significant growth in the market
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Japanese property insurers outfoxed by customers on renewals
31 January 2024 -
US annuity writers' lapse benefits outpace premium growth, finds AM Best
23 January 2024New private equity and asset manager-backed insurers will fuel market competition
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Law change prompts Swiss Re debt downgrade
09 January 2024AM Best says senior unsecured debt now ranked below policyholders in insolvency scenario
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Total reinsurance capital expected to bounce back to $561bn
08 January 2024But the increase will not have a material impact on market conditions, AM Best says