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.
COSCO SHIPPING Captive Insurance outlook stable with strong capital base
COSCO SHIPPING Captive Insurance outlook stable with strong capital base
The company plans to maintain a fixed-income focused portfolio.
Hotai Insurance outlook steady with capital buffers and parent support
Net profit reached $62.7m (NT$1.9b) in 2024.
China BOCOM Insurance to maintain stable performance with BOCOM support
CBIC’s earnings continue to rely on investment income.
Why reinsurers post second-highest returns in 2024
Net premiums written grew 5.7% in 2024.
Tokio Marine & Nichido Fire Insurance to maintain growth overseas
Net premiums written rose to ¥5.1t in 2024.
Peak Re maintains strong capital with disciplined underwriting in Asia
AM Best expects Peak Re to sustain its growth in life and structured reinsurance.
South Korea reinsurance market strengthens with 2025 renewal gains
Insurers are also tapping capital markets through subordinated and hybrid debt.
Macau Insurance maintains strength whilst pursuing Greater Bay Area plans
It aims to build on this momentum with higher premium retention in personal lines.
AM Best says 2024 health reinsurance growth outpaces past decade
Ceded premiums rose more than 30% to $66b, the largest annual increase in 10 years.
Japan renewals show property-catastrophe rate cuts of up to 15%
Big Japanese insurers have also built stronger balance sheets due to strong profits.
AM Best expects Malaysian Life Re performance to remain adequate in 2025
In 2024, Malaysian Life Re reported a negative insurance service result.
Asia’s reinsurers expand into mature global markets
AM Best’s Asia Reinsurance Composite posted higher net income in 2024.
Swiss Re takes first place in list of IFRS 17 reporters: AM Best
The reinsurer reported $36.2b of reinsurance revenue at end-2024.
Hyundai Insurance targets premium growth with electric vehicle focus
But AM Best expects underwriting and overall operating losses to persist.
KB Insurance Indonesia targets growth, capital boost ahead of 2026 rules
AM Best projects more stable underwriting as the insurer expands its motor portfolio.
AM Best sees reinsurance outlook supported by strong capital
The absence of significant new market entrants has helped maintain market discipline.
Central Re sees capital rise with stronger surplus in 2024
Central Re is expected to retain its market leadership.