Twice as Many Personal Lines Insurers Downgraded by AM Best in 2023 March 12, 2024 AM Best delivered 39 downward credit rating actions to U.S. personal lines insurers in 2023, more than twice the number...
AM Best Says Losses from California Storms Largely Uninsured, Underinsured February 12, 2024 The economic losses from the latest round of California storms will be significant, with many of these losses may not...
Conditions Are Challenging, Claims Are Elevated, but Reinsurers’ Profits Return: Reports August 25, 2023 By L.S. Howard Despite extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment returned an underwriting profit in 2022,...
D&O Market Has Most Profitable Year Since 2014 but Results May Be an Anomaly May 12, 2022 By Chad Hemenway The directors and officers insurance marketplace in 2021 enjoyed its most profitable year since 2014 but results have to be...
Property Insurers Exposed to $12.5B in ‘Silent Cyber’ Losses, Market Analysts Say October 13, 2021 By Jim Sams US property insurers are exposed to $12.5 billion in non-physical cyber losses that are not expected and not priced by...