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.
PICC Group's sole overseas entity enhances PICC HK
Last year PICC HK returned to profitability.
Munich Re's capitalisation exceeds strongest requirements
Munich Re reported a net profit of $5.02b in 2023.
VPIS posts steady 4.0% return-on-equity over five years
AM Best also assessed its operating performance as adequate.
Police Health Plan maintains a robust balance sheet
It benefits from a high penetration rate within the police force.
Steadfast Group bags 17th spot in AM Best’s list
The broker was first of three newcomers in the ranking.
Current hard market challenges new reinsurer entries
Mainly these are competition, capital raising, and higher barriers to entry.
Why global cyber insurance market will remain stable in the next 12 months
Geopolitics and AI are ongoing risks that could potentially impact profitability.
Ansvar sees positive earnings despite PSA claims
The company recorded positive operating earnings in 2022 and 2023.
Accuro pulled out from AM Best’s roster
UniMed, the receiver of the portfolio, is now the third-largest health insurer.
Global reinsurance market set for robust profit margins
AM Best expects reinsurers to maintain underwriting discipline in the near term.
Mitsui Sumitomo Insurance boasts strong capital base: AM Best
Thanks to its resilient capital base and strategic equity disposal plans.
Union Insurance settles pandemic claims, boosts capital
Its adjusted capital and surplus have returned to pre-COVID levels.
Philippines’ non-life sector resurfaces to ‘stable’ outlook: AM Best
Higher domestic interest rates are expected to accelerate investment yields.
FuSure Reinsurance’s risk-adjusted capital to stay solid until 2027
From 2024 to 2027, it targets double-digit growth in gross written premiums.
Guild Insurance continues a positive investment income trend: AM Best
AM Best expects GIL to maintain adequate operating performance.
Pinnacle Life sees steady operating performance
AM Best projects the insurer to have a stable outlook against a solid balance sheet.
Declining yields pose risks to China's insurance sector
In late 2023, regulators eased some C-ROSS rules, prompting insurers to raise capital via perpetual bond issuance.
Thought Leadership Centre
Most Read
1. Top 50 list shows worsening dip in Singapore’s insurance premiums 2. China's personal insurance sector to grow 5% to 10% annually 3. Health insurance payouts rise 30% in India 4. Sun Life HK, HKMC partner to promote flexible retirement planning programmes 5. 20 private Indian insurers struggle with claim payoutsResource Center
Read Here
Advertise
Sign Up
Events
Event News
Event News
Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
