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.
APAC reinsurers see combined ratio improve to 91.6%
Many are also expanding internationally to boost profitability.
APAC reinsurers see combined ratio improve to 91.6%
Many are also expanding internationally to boost profitability.
Co-op Life benefits from favourable underwriting results
AM Best expects continued robust pricing and positive investment income.
DB Insurance’s capital to remain resilient amidst hostile environment
Its operating performance is supported by its underwriting performance.
Rate hikes likely to boost Tokio Marine & Nichido Fire’s domestic non-life growth
The insurer has maintained a solid return on equity of 7.4% from 2019 to 2023.
Cathay Insurance benefits from diversified investments, strong liquidity
Its consolidated adjusted capital and surplus grew by 16% end-2023.
Reinsurers see 6% growth in premiums
Reinsurers faced changes driven primarily by the implementation of IFRS 17.
IFRS shifts AM Best’s reinsurance list
Munich Re topped this year’s rankings with $32.9b in revenue.
Life/annuity reinsurers see improved conditions amidst higher rates
L/A reinsurers remain well-capitalised until 2025.
Tough reinsurance market compounded by IFRS 17
Although this shouldn’t affect a company’s financial strength, says AM Best.
Korea P&I Club's conservative investments support stability
KP&I has implemented general premium increases.
Reinsurers capital seen to reach $625 by end of year
Thanks to higher retained earnings and lower investment losses.
Foundation Life (NZ) focuses on restructuring life insurance portfolio
If the proposed scheme is completed, the company is seen to cease insurance activities.
Reinsurers meet cost of capital for first time in four years
The industry's weighted average cost of capital rose to 8.12% in 2023.
KB Indonesia to meet new capital requirements, capital growth expected
Its five-year ROE ratio was 5.1%.
Aflac strengthens solvency with strong Japan ratio
Particularly, its medical and cancer insurance business profile remains strong.
Hanwha General should bolster its digital non-life subsidiary
HGI reported a consolidated ROE of 6.5% in 2023.
Emerging markets in Asia propel health reinsurance growth
In smaller SEA markets, reinsurers continue to support the growth of health insurance.
Thought Leadership Centre
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
