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.
De-risking drives reinsurance market stability
Current claims activity is increasingly influenced by medium-sized events.
De-risking drives reinsurance market stability
Current claims activity is increasingly influenced by medium-sized events.
Malayan adjusts portfolio to lower investment risks
The insurer is seen to have a five-year average ROE ratio of 3.8%.
Central Re’s finances bolstered by prudent investments and retrocession
AM Best sees Central Re to continue focusing on low-risk, fixed-income investments.
China P&I's investment in CMBC dominates asset portfolio
The past five years saw an average return on equity of 5.3%.
Hyundai Insurance China faces capital challenges amidst expansion
HIC is diversifying into personal lines, focusing on ride-hailing drivers and motor insurance.
Vietnam’s non-life sector attracts robust foreign direct investment
Recent regulations supported the industry’s stable outlook.
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.