A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of...
Hurricane Season News
Hurricane loss modeler Risk Management Solutions (RMS) has reaffirmed its medium-term five-year view of landfalling hurricane risk for the period...
Investors who bet against the odds of another devastating Atlantic hurricane season now stand to cash in big-time on “catastrophe...
Despite an uneventful hurricane season, structural changes in catastrophe coverage are here to stay and will continue to impact capacity...
Insurers would be able to buy more reinsurance from the state’s hurricane catastrophe fund and homeowners would be able to...
Profits at American International Group, Inc. (AIG) more than doubled in the third quarter, thanks in part to a calmer...
Bermuda-based Allied World Assurance Company Holdings (AWAC) reported net income of $114 million, or $1.89 per diluted share, for the...
Munich Re profited from the absence of major catastrophes to post a nine month profit of €2.861 billion ($3.66 billion),...
Following the positive results (See related article), A.M. Best Co. affirmed the financial strength rating (FSR) of “A+” (Superior) and...
In a report, Major (Re)Insurers Address Legacy Reserving Issues, While U.S. Hurricane Season Is Quiet, Standard & Poor’s Ratings Services...