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.
Japan renewals show property-catastrophe rate cuts of up to 15%
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.
China P&I posts steady profits with strong reinsurance support: AM Best
It is also seen to sustain stable earnings.
Vietnam’s non-life market holds steady with 2024 premium rise: AM Best
AM Best warned of low investment returns and rising reinsurance costs.
United Overseas Insurance maintains growth outlook on strength of fire segment
Thanks to its Singapore market and access through UOB’s bancassurance channel.
PICC Hong Kong improves market share with reinsurance gains: AM Best
Profitability is stable, with 2024 earnings driven by investment income.
DB Insurance holds steady on profits amidst market pressures: AM Best
Operating performance is projected to remain solid.
AM Best expects Munich Re profits to stay resilient
The group posted a net profit of $6.61b (€5.7b) in 2024.
QBE seen to hold strong capital levels, stable outlook
The stable outlook reflects confidence in QBE’s presence in global commercial lines.
Cyber insurance outlook stable, supported by new capital and regulation
Growth is expected to be driven by SMEs in Asia and Europe.
Hyundai Marine & Fire strengthens profits with high-quality bond assets
Despite rate pressures on its auto line, HMF posted 15.8% ROE last year.
Commentary
AI isn’t replacing insurance, it’s finally making it work