SPECIAL REPORT
Mar 11, 2024 09:23 AM (EDT)
Credit Rating downgrades on U.S. property/casualty insurance companies rose to 55 in 2023 compared with 30 in the previous year given the challenging conditions in the personal lines segment, according to a new AM Best Special Report.
Mar 25, 2024 09:08 AM (EDT)
The U.S. property/casualty industry recorded a $21.2 billion net underwriting loss in 2023, slightly improving upon the $24.9 billion loss recorded in the prior year, according to a new AM Best report.
Mar 06, 2024 04:33 PM (EST)
Severe weather-related losses, stubborn inflation and upward reinsurance pricing drove the U.S. property/casualty sector’s net underwriting loss to a 10-year high of $38 billion in 2023, according to a new AM Best report.
EARNINGS
Mar 28, 2024 11:56 AM (EDT)
Lloyd's expects a "normal level" of loss for the Baltimore bridge collapse after being rammed by a container ship on March 26, which its chief executive officer said show the value of insurance in such events.
CATASTROPHES
Mar 27, 2024 03:44 PM (EDT)
It will take time to determine insured losses for the container ship that hit a bridge in Baltimore, as a number of investigations will be involved while efforts get under way to move the ship and tally the damage to the bridge.
Mar 11, 2024 10:12 AM (EDT)
The impact of higher than expected utilization levels for Medicare Advantage products could lead to a deterioration in profitability and adversely impact health insurers’ overall financial results, according to a new AM Best Commentary.
More from BestWire
More from AM Best TV
Informational Webinars
More webinars from AM Best
Challenges of Insuring Clean Energy Storage Projects Mar 28, 2024
AM Best: US Life/Annuity Insurers Stay the Course Amid 2024 Uncertainty Mar 27, 2024
FM Global Unveils 2024 Resilience Index Mar 26, 2024
More from AM Best Audio
Powered by RedCircle
Current Issue | Archive
Upcoming Events Relevant to the Global Insurance Industry
WEBINAR NetVu
WEBINAR NAMIC
WEBINAR AM Best
More Best's Calendar events
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.
Read the Guide to Understanding the Insurance Industry