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.
Mitsui Sumitomo, Aioi Nissay Dowa maintain capital strength ahead of 2027 merger
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.
Taiwan insurers expand FX reserves after dollar appreciation: AM Best
70% of Taiwanese life insurers’ portfolios were allocated to foreign investments.
AM Best says Shinkong Insurance to sustain strong profits
The insurer accounted for 16.4% of Taiwan’s domestic non-life sector.
Central Asia insurers diversify portfolios with reinsurance play: AM Best
Despite the shift possibly driving profits, AM Best still warns of risks.
AM Best expects CMB Wing Lung Insurance's capital strength to continue
The insurer’s capital and surplus rose to $400m (HK$3.1b) at the end of 2023.
Nan Shan General’s high dividend payout to slow organic growth
AM Best it to continue to focus on domestic fixed-income investments.
AM Best expects stable earnings from PVI Insurance’s underwriting
Although, investment portfolio carries moderate risk.
Japanese insurers expand overseas amidst domestic slowdown
AM Best forecasts sluggish growth in in-force premiums.
Sun Hung Kai Properties Insurance keeps strong underwriting profitability
It also outperformed industry peers, AM Best notes.
Energas Insurance faces performance pressure amidst rising claims frequency
Its underwriting performance improved in the first nine months of 2024.
Commentary
AI isn’t replacing insurance, it’s finally making it work