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.
China P&I posts steady profits with strong reinsurance support: AM Best
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.
Mitsui Sumitomo, Aioi Nissay Dowa maintain capital strength ahead of 2027 merger
Overseas operations now contribute around 40% of premium income.
Asian Re grows profit with disciplined underwriting in 2024
AM Best expects performance to be supported by underwriting and investment income.
AM Best sees South Korea's non-life growth in health and property lines
Ongoing regulatory changes are driving insurers to strengthen capital.
KP&I outlook revised as underwriting volatility concerns resurface
KP&I reported a net loss of $5.4m last fiscal year.
FuSure expected to maintain strong balance sheet as it expands business
It recently received a long-term reinsurance license authorisation from Hong Kong regulators.
Tower to maintain strong capital levels despite recent payouts
AM Best expects Tower’s adequate operating performance to continue.
Philippines’ non-life sector gains from reinsurance capacity: AM Best
Additionally, insurers are expected to benefit from improved investment income.
Japan’s non-life insurers strengthen as oversight improves
The FSA has also introduced stricter governance requirements.