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.

Union Insurance settles pandemic claims, boosts capital

Its adjusted capital and surplus have returned to pre-COVID levels.

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.

UAE Insurers see 19% revenue growth amidst IFRS 17 shift

AM Best expects consolidation from weak underwriting performance and higher costs. 

Prudent underwriting boosts Shinkong's claims experience: AM Best

The company saw a double-digit growth in capital and surplus in 2023.

Elevated risk environment prompts challenges for reserve management

Aggressive inflation has complicated loss predictions and could underestimate severity.

Momentum Life logs gains with expansion, strategy: AM Best

The company’s capital remains enough to support other operations despite a planned expansion.

Taiwan's non-life insurers unlikely to see big quake claims – AM Best

Some insurers could benefit from robust parental financial support, as mandated by regulations.

CMB Wing Lung gains support from China Merchants Group

AM Best sees its balance sheet boosted by strong risk-adjusted capitalisation.

Global non-life reinsurance market to see improved margins

The market witnessed a dramatic increase in average retentions on property reinsurance programmes.

AM Best affirms Hollard Insurance’s outlook as stable

The company’s strong financial flexibility is attributed to shareholder support, including capital injections and hybrid debt issuances.

Hanoi Re faces elevated expense ratio challenges – AM Best

As one of the two domestic reinsurers in Vietnam, Hanoi Re has a moderate underwriting risk.

Vietnam's new law to stifle insurance sales growth – AM Best

The law is expected to allow policyholders to choose products they need at competitive prices.

KBFG China sees continuous growth in capital and surplus

AM Best said its relatively small capital base and underwriting portfolio expose it to volatility in the event of large losses.