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.

PICC Group's sole overseas entity enhances PICC HK

Last year PICC HK returned to profitability.
4 days ago

PICC Group's sole overseas entity enhances PICC HK

Last year PICC HK returned to profitability.
4 days ago

Munich Re's capitalisation exceeds strongest requirements

Munich Re reported a net profit of $5.02b in 2023.
4 days ago

VPIS posts steady 4.0% return-on-equity over five years

AM Best also assessed its operating performance as adequate.

Police Health Plan maintains a robust balance sheet

It benefits from a high penetration rate within the police force.

Steadfast Group bags 17th spot in AM Best’s list

The broker was first of three newcomers in the ranking.

Current hard market challenges new reinsurer entries

Mainly these are competition, capital raising, and higher barriers to entry.

Why global cyber insurance market will remain stable in the next 12 months

Geopolitics and AI are ongoing risks that could potentially impact profitability.

Ansvar sees positive earnings despite PSA claims

The company recorded positive operating earnings in 2022 and 2023.

Accuro pulled out from AM Best’s roster

UniMed, the receiver of the portfolio, is now the third-largest health insurer.

Global reinsurance market set for robust profit margins

AM Best expects reinsurers to maintain underwriting discipline in the near term.

Mitsui Sumitomo Insurance boasts strong capital base: AM Best

Thanks to its resilient capital base and strategic equity disposal plans.

Union Insurance settles pandemic claims, boosts capital

Its adjusted capital and surplus have returned to pre-COVID levels.

Philippines’ non-life sector resurfaces to ‘stable’ outlook: AM Best

Higher domestic interest rates are expected to accelerate investment yields.

FuSure Reinsurance’s risk-adjusted capital to stay solid until 2027

From 2024 to 2027, it targets double-digit growth in gross written premiums.

Guild Insurance continues a positive investment income trend: AM Best

AM Best expects GIL to maintain adequate operating performance.

Pinnacle Life sees steady operating performance

AM Best projects the insurer to have a stable outlook against a solid balance sheet.

Declining yields pose risks to China's insurance sector

In late 2023, regulators eased some C-ROSS rules, prompting insurers to raise capital via perpetual bond issuance.