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AM Best Releases Methodology: Best’s Performance Assessment for Delegated Underwriting Authority Enterprises
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Three Decades of Challenge: Hurricane Andrew struck Florida in August 1992 but its impact on the global reinsurance makret has been long-lasting.
AM Best’s 2023 Student Challenge: Now accepting submissions for the third annual student competition. First round submissions due October 3, 2022.
News Headlines
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Allstate Unit to Pay $1.9 Million Fine for California Prescription Drug Practices
Date: August 19, 2022 |
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Scor Combines Life/Health, Property/Casualty Ventures Units
Date: August 19, 2022 |
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BestWeek: Penn Mutual CFO Credits Corporate Structure, Borrowing for Outpacing Peers in 2021 Admitted Asset Growth
Date: August 19, 2022 |
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Munich Re Markets Senior Originator: Now Is the Time to Insure Against the Next Pandemic Risk
Date: August 19, 2022 |
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Porch Group, Covéa Agree to Terminate $48.6 Million CSE Sale
Date: August 19, 2022 |
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Global Atlantic Strikes Deal With Equitable to Reinsure $10 Billion Block of Annuities
Date: August 19, 2022 |
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Enstar, Allianz Agree to Novate Enhanzed Re Joint Venture
Date: August 19, 2022 |
Press Releases
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AM Best Affirms Credit Ratings of Wilton Re Ltd. and Its Subsidiaries
Date: August 19, 2022 |
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AM Best Downgrades Credit Ratings of Korea P&I Club
Date: August 19, 2022 |
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AM Best Downgrades Issuer Credit Rating of Cameron Mutual Insurance Company
Date: August 19, 2022 |
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AM Best Affirms Credit Ratings of Abu Dhabi National Insurance Company P.J.S.C.
Date: August 19, 2022 |
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AM Best Affirms Credit Ratings of Thaire Life Assurance Public Company Limited
Date: August 19, 2022 |
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AM Best Comments on Credit Ratings of CSE Insurance Group’s Members Following Acquisition Termination Agreement
Date: August 18, 2022 |
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AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Sigurd Rück AG
Date: August 18, 2022 |
News & Research Highlights
Growing Strong
Penn Mutual CFO credits corporate structure, borrowing for outpacing peers in 2021 admitted asset growth.
FIU Extreme Events Director: Prototype Facility Will Test Forces of a ‘Category 6’ Hurricane
Hurricanes are becoming more powerful and destructive. One of the goals of the facility is to anticipate and learn from what a Category 6 hurricane would bring. The damage and destruction from a 185 mph sustained event hitting
a highly developed U.S. coastline would be unprecedented.
Special Reports provide an in-depth look at topics affecting financial organizations -- all from AM Best's unique credit rating perspective.