BEST'S CREDIT RATING ACTION
May 02, 2024 10:44 AM (EDT)
U.S. personal auto insurers are the furthest ahead when it comes to innovative processes like automated claims management and the use of data to automate underwriting, according to a new AM Best report.
SPECIAL REPORT
May 01, 2024 09:24 AM (EDT)
Premium growth for AM Best’s medical professional liability composite moderated to 3.6% in 2023, but overall financial results were buoyed by favorable net investment income, according to a new AM Best report.
Apr 26, 2024 09:07 AM (EDT)
Publicly traded U.S. health insurance companies saw another year of growth, as total GAAP revenue rose in 2023 by 10.4% to $1.07 trillion. However, according to a new AM Best report, future results may be pressured.
Apr 29, 2024 08:20 AM (EDT)
AM Best has revised its market segment outlook on the United Kingdom’s non-life insurance segment to stable from negative in its new Best’s Market Segment Report, “Market Segment Outlook: UK Non-Life Insurance”.
EARNINGS
Apr 26, 2024 02:05 PM (EDT)
Aon plc's chief executive officer said the group gained a significant advantage in the middle market and a strong mergers and acquisitions pipeline as it closed on its $13 billion acquisition of NFP Corp. earlier than expected.
May 01, 2024 02:19 PM (EDT)
Prudential Financial Inc. said it will shutter its Assurance IQ direct-to-consumer platform less than five years after announcing the $2.35 billion acquisition.
May 01, 2024 05:22 PM (EDT)
Allstate Corp. applicable net income soared in the first quarter to $1.19 billion, rebounding from a $346 million net loss a year earlier.
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An overview for those working with and in one of the world's most interesting and vital industries is now available in the January 2024 issue of Best's Review.
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