Browsing: AM Best

AM Best has affirmed the Financial Strength Rating of A (Excellent) for FCCI Insurance Company and its subsidiary insurers

FCCI Insurance Group’s Financial Strength Rating affirmed at A (Excellent) by AM Best

AM Best downgrades Financial Strength Rating to A- (Excellent) from A (Excellent) for Nonprofits Insurance Alliance Group members due to decline in risk-adjusted capitalization and unfavorable loss reserve development.

Florida’s personal property insurance market has reported an underwriting profit and significant increase in operating income in 2024 after eight years of losses.

AM Best affirms Pinnacle Life’s stable outlook due to strong capital position and adequate operating performance

Florida’s personal property insurance market reported its first underwriting profit in eight years in 2024, according to a new AM Best report.

AM Best’s latest report highlights challenges in Italy’s life insurance market, including high surrender rates and market concentration.

AM Best maintains Tower Limited’s financial strength rating at ‘A-‘ and long-term issuer credit rating at ‘a-‘, with a stable outlook, reflecting the insurer’s strong balance sheet and risk management.

Shinkong Insurance Company is expected to maintain strong profits due to solid underwriting results and consistent investment income, according to AM Best.

A new AM Best report indicates that U.S. property/casualty and health insurers are turning to surplus notes to enhance financial flexibility in a challenging reinsurance market.