AM Best

Best's Market Segment Outlooks

Our market segment outlooks examine the impact of current trends on companies operating in particular segments of the insurance industry over the next 12 months. Typical factors we would consider include current and forecast economic conditions; the regulatory environment and potential changes; emerging product developments; and competitive issues that could impact the success of these companies. Best’s ratings take into account the manner in which companies manage these factors and trends.

A Best’s Market Segment Outlook, like a Best’s Credit Rating Outlook for a company, can be Positive, Negative, or Stable.

  • A Positive market segment outlook indicates that AM Best expects market trends to have a positive influence on companies operating in the market over the next 12 months. However, a Positive outlook for a particular market segment does not mean that the outlook for all the companies operating in that market segment will be Positive.
  • A Negative market segment outlook indicates that AM Best expects market trends to have a negative influence on companies operating in the market over the next 12 months. However, a Negative outlook for a particular market segment does not mean that the outlook for all the companies operating in that market segment will be Negative.
  • A Stable market segment outlook indicates that AM Best expects market trends to have a neutral influence on companies operating in that market segment over the next 12 months.

We update our market segment outlooks annually, but may revisit them at any time during the year if regulatory, financial, or market conditions warrant.

Market SegmentOutlookRelease DatePDF
Global Markets
 Global ReinsurancePositiveJune 10, 2024 
 Global Life ReinsuranceStableMay 7, 2024 
 Global Non-Life ReinsurancePositiveJune 12, 2024 
 Global Cyber InsuranceStableJune 24, 2024 
 London Market InsurancePositiveApril 22, 2024 
 Delegated Underwriting Authority Enterprises (DUAEs)PositiveNovember 27, 2023 
North America - Property/Casualty Markets
 US Personal LinesNegativeDecember 4, 2023 
 HomeownersNegativeMarch 22, 2024 
 Personal AutoNegativeMarch 22, 2024 
 US Commercial LinesStableDecember 5, 2023 
 Commercial AutoNegativeMarch 28, 2024 
 Commercial PropertyStableMarch 28, 2024 
 Directors & Officers (D&O) LiabilityNegativeMarch 4, 2024 
 Excess & Surplus LinesPositiveNovember 6, 2023 
 General LiabilityNegativeApril 11, 2024 
 Medical Professional LiabilityStableMarch 22, 2024 
 Private Mortgage InsurersStableApril 4, 2024 
 SuretyStableMarch 28, 2024 
 TitleNegativeMarch 28, 2024 
 Workers' CompensationStableMarch 28, 2024 
 Canada Property/CasualtyStableOctober 5, 2023 
North America - Life/Health Markets
 US Life/AnnuityStableNovember 30, 2023 
 LifeStableApril 12, 2024 
 AnnuitiesStableMarch 26, 2024 
 US HealthStableDecember 1, 2023 
 Disability InsuranceStableApril 12, 2024 
 Long-Term CareNegativeApril 5, 2024 
 Supplemental HealthStableApril 15, 2024 
 Canada Life/AnnuityStableOctober 5, 2023 
Europe, Middle East, and Africa (EMEA)
 France LifeNegativeMay 22, 2024 
 France Non-LifeNegativeMay 22, 2024 
 Germany LifeNegativeDecember 18, 2023 
 Germany Non-LifeNegativeDecember 18, 2023 
 Gulf Cooperation Council (GCC) RegionStableApril 29, 2024 
 Italy LifeNegativeJune 11, 2024 
 Italy Non-LifeStableJune 11, 2024 
 Spain LifeStableMay 17, 2024 
 Spain Non-LifeStableMay 16, 2024 
 UK LifeStableJune 11, 2024 
 UK Non-LifeStableApril 29, 2024 
Asia-Pacific
 China Non-LifeStableSeptember 17, 2024 
 India Non-LifeStableDecember 4, 2023 
 Indonesia Non-LifeStableOctober 8, 2024 
 Japan LifeStableOctober 16, 2023 
 Japan Non-LifeStableJanuary 31, 2024 
 Malaysia Non-LifeStableDecember 18, 2023 
 New Zealand Non-LifeStableNovember 13, 2023 
 Philippines Non-LifeStableMay 28, 2024 
 South Korea Non-LifeStableJune 27, 2023 
 Taiwan Non-LifeStableSeptember 17, 2024 
 Vietnam Non-LifeStableJuly 31, 2024 
Latin America
 Argentina InsuranceNegativeDecember 27, 2023 
 Brazil ReinsuranceNegativeAugust 5, 2024 
 Chile InsuranceStableNovember 16, 2023 
 Colombia InsuranceNegativeNovember 7, 2023 
 Costa Rica InsuranceStableNovember 8, 2023 
 Guatemala InsuranceStableJanuary 15, 2024 
 Mexico InsuranceStableJune 7, 2024 
 Panama InsuranceStableJanuary 10, 2024 
 Peru InsuranceStableSeptember 24, 2024