AM Best

AM Best is an American credit rating agency headquartered in Oldwick, New Jersey, that focuses on the insurance industry. It asseses the creditworthiness of and/or reports on over 16,000 insurance companies worldwide.

See below for the Latest AM Best News, Analysis, Profit Results, Share Price Information, and Commentary.

Tune Protect Re stabilises post-COVID with strong returns: AM Best

Its balance sheet is expected to remain solid in the medium term.
3 days ago

QHR Life Reinsurance drives strong underwriting: AM Best

The company’s capital and surplus increased by 4.3% to $500m in 2023.
4 days ago

QBE Capital Global's outlook stable: AM Best

The ratings reflect the strategic importance of both entities within the QBE group.
5 days ago

PICL to sustain a strong capital level amidst growth: AM Best

However, long-duration policies in PICL's portfolio pose reserving risks.

Japan’s insurance sector sees stability amidst premium boom

Premium income has increased over the past two years.

AM Best affirms Meritz's outlook as stable

Its balance sheet strength is bolstered by its solid financial flexibility.

Petrolimex Insurance profits from low-loss property and marine lines

PJICO follows a conservative investment strategy, with most investments held in deposits.

CTBC Insurance maintains strong capital adequacy

Its pandemic-hit capital position has now returned to pre-COVID levels.

NongHyup P&C Insurance benefits from NACF’s support

Its capital and surplus saw significant growth in 2023 due to IFRS 17 adoption.

Delegated underwriting authority enterprises benefit from excess and surplus

Investments in technology and talent have further fueled the segment’s expansion.

China Re's profitability consistent over five years: AM Best

Under IFRS 17 and IFRS 9, consolidated capital and surplus rose by 4.8% to $14.4b.

Global reinsurance poised for growth amidst high interest rates

Higher attachment points in property reinsurance have limited loss frequency.

Labuan Reinsurance solvency remains robust

The company’s underwriting performance has shown consistent gains in 2023.

South Korean insurers brace for profit squeeze amidst rate cuts

Direct premiums from long-term products contributed to a 3.7% increase in 2023.

Reinsurance costs challenge New Zealand insurance earnings

2024 experienced fewer significant weather events, alleviating claims expenses.