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.
Taiwan’s non-life operating performance ‘likely’ to stay afloat in 2023: AM Best
Taiwan’s non-life operating performance ‘likely’ to stay afloat in 2023: AM Best
Recovery in the capital markets and reserve releases will support the industry’s performance.
Indonesia’s non-life insurance outlook grim: AM Best
Growth is still expected due to Indonesia's economic expansion.
Blue Cross APAC earnings remain ‘marginal’ thanks to integration
The company continues to benefit from both explicit and implicit support from AIA.
Hotai Insurance to maintain strong capital stance until year-end
The prediction is due to the company’s improved balance sheet, attributable to its mitigation plan.
Super Typhoon Soala to dampen reinsurance renewals in Hong Kong
Effective risk management is expected to minimise insurance losses.
APAC reinsurers’ capital stays robust, retro cost could drive underwriting volatility
Net premiums grew 8.1% year-over-year in 2022.
Risk professionals and strong financials are needed for reinsurance volatility
Risks in the reinsurance market are evolving, forcing the industry to innovate and leverage technology.
Korea P&I Club’s maritime relationships keep strong domestic presence – AM Best
Underwriting performance is also seen to improve in the next few years.
Tune Protect Re to diversify in the medium term: AM Best
The Malaysian insurer boasts a strong balance sheet.
Pandemic insurance claims to drag Cathay Century’s operating results: AM Best
However, the ratings firm said this is a one-off event for the insurer.
Korea P&I Club underwriting profits to remain vulnerable: AM Best
This is despite mitigative actions done by the insurer.
South Korean non-life insurers to suffer heavy loss August floods: Fitch
However, reinsurance safeguards will shield most insurers from major losses, AM Best said
General takaful drives Malaysia’s non-life insurance growth
Non-life grew by 4% in 2021.
Japanese life segment stands strong as firms maintain solid capital positions: AM Best
Several tailwind factors improved overall business conditions.
South Korea’s non-life insurance market breaches $3b in net profits in 2021
Profits were boosted by improved underwriting performance.
Philippine non-life outlook to remain stable: AM Best
Strong growth in different non-life segments underpinning stable outlook.
Are Japanese insurers ready to put a price on climate change?
AM Best associate director Jason Shum said they still have a long way to go.
Commentary
Rethinking insurance for the masses
Navigating risk strategies for decommissioning traditional power plants