SPECIAL REPORT
Mar 13, 2024 02:41 PM (EDT)
Issuer Credit Rating upgrades in the U.S. life/health insurance segment declined to 18 in 2023 from 26 in the previous year, while the number of initial ratings, ratings placed under review and downgrades increased.
Mar 14, 2024 11:29 AM (EDT)
The U.S. life/annuity insurance segment remains well-capitalized after a nominal 1.6% increase in statutory capital and surplus through Sept. 30, 2023, from year-end 2022, and steady net income, according to a new AM Best’s Market Segment 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.
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 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.
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