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.
APAC insurance stability bolstered by strong risk management
87% of the APAC rating units had stable outlooks at the end of 2023.
APAC insurance stability bolstered by strong risk management
87% of the APAC rating units had stable outlooks at the end of 2023.
ECGC’s risk-adjusted capitalistation at strongest level in medium-term
As a monoline credit insurer, it insures about 40% of total export credit by banks.
Investment stability anchors Taiping Reinsurance despite impairments
In 2023, TPRe recorded a net profit of $42.74m.
Will Taiwan’s non-life sector sustain profit surge beyond 2024?
The sector’s direct written premiums in 7M’24 climbed 11.4% YoY.
How eased C-ROSS Phase II pressures helped China's smaller insurers
Despite a decline to 207% in 2022, core solvency ratio remained stable in 2023.
Delta International shows solid underwriting in APAC markets
AM Best said the insurer’s tech infrastructure boosted overall GWPs.
DPL Insurance to maintain moderate growth, prudent earnings
For fiscal year 2024, its ROE was at 14.3%.
Allianz Ayudhya General maintains strong capitalisation post-merger
The merger is expected to drive premium growth over the medium term.
Macau Insurance enhances combined ratio to 88.8% with investment gains
It has applied a 25% dividend payout ratio since 2023.
Ping An Health sees strong return on equity continuity
It reported capital and surplus (C&S) of $1.22b in 2023.
APAC reinsurers see combined ratio improve to 91.6%
Many are also expanding internationally to boost profitability.
Co-op Life benefits from favourable underwriting results
AM Best expects continued robust pricing and positive investment income.
DB Insurance’s capital to remain resilient amidst hostile environment
Its operating performance is supported by its underwriting performance.
Rate hikes likely to boost Tokio Marine & Nichido Fire’s domestic non-life growth
The insurer has maintained a solid return on equity of 7.4% from 2019 to 2023.
Cathay Insurance benefits from diversified investments, strong liquidity
Its consolidated adjusted capital and surplus grew by 16% end-2023.
Reinsurers see 6% growth in premiums
Reinsurers faced changes driven primarily by the implementation of IFRS 17.
IFRS shifts AM Best’s reinsurance list
Munich Re topped this year’s rankings with $32.9b in revenue.