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Tropical storm Hilary wreaks havoc in southern California
21 August 2023Hilary made landfall on the coast of Mexico yesterday and around 26m people are now under flood warnings
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Commercial insurers lost $9.4bn to captives over five years, says AM Best
07 August 2023Underwriting performance of captives has been outstanding, rating agency says
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AM Best to review collateral arrangements at fronting insurers
25 July 2023Move follows allegations of fraudulent collateral used at Vesttoo
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Incoming Egyptian Insurance Act bodes well for insurers, says AM Best
20 July 2023The market has held up well in tough economic conditions
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Workers' compensation defies challenges to remain lucrative for P&C insurers
18 July 2023AM Best says workers' compensation is consistently the most profitable business for P&C insurers
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NZIA withdrawals not an industry-wide pull-back from ESG, says AM Best
01 June 2023Building consensus can be challenging, says chief rating officer
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AM Best: Inflation and concentrated investments leave Italian insurance outlook vulnerable
31 May 2023The rating agency is monitoring lapse risks
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African risk landscape puts risk management capabilities to the test, says AM Best
10 May 2023The continent's re/insurers are facing heightened macroeconomic challenges
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AM Best: Indonesian reliance on domestic reinsurance poses a systemic risk
03 May 2023The rating agency said the country's reinsurers may struggle to withstand balance sheet shocks
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Insurers need to improve their stress testing, urges AM Best
02 May 2023The rating agency said the escalation of economic risks highlights the importance of ERM