Archive

  • Tropical storm Hilary wreaks havoc in southern California

    21 August 2023

    Hilary made landfall on the coast of Mexico yesterday and around 26m people are now under flood warnings

  • Commercial insurers lost $9.4bn to captives over five years, says AM Best

    07 August 2023

    Underwriting performance of captives has been outstanding, rating agency says

  • AM Best to review collateral arrangements at fronting insurers

    25 July 2023

    Move follows allegations of fraudulent collateral used at Vesttoo

  • Incoming Egyptian Insurance Act bodes well for insurers, says AM Best

    20 July 2023

    The market has held up well in tough economic conditions

  • Workers' compensation defies challenges to remain lucrative for P&C insurers

    18 July 2023

    AM Best says workers' compensation is consistently the most profitable business for P&C insurers

  • NZIA withdrawals not an industry-wide pull-back from ESG, says AM Best

    01 June 2023

    Building consensus can be challenging, says chief rating officer

  • AM Best: Inflation and concentrated investments leave Italian insurance outlook vulnerable

    31 May 2023

    The rating agency is monitoring lapse risks

  • African risk landscape puts risk management capabilities to the test, says AM Best

    10 May 2023

    The continent's re/insurers are facing heightened macroeconomic challenges

  • AM Best: Indonesian reliance on domestic reinsurance poses a systemic risk

    03 May 2023

    The rating agency said the country's reinsurers may struggle to withstand balance sheet shocks

  • Insurers need to improve their stress testing, urges AM Best

    02 May 2023

    The rating agency said the escalation of economic risks highlights the importance of ERM