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.

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.

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.