Browsing: AM Best

AM Best has affirmed the Financial Strength Rating (FSR) and Long-Term Issuer Credit Ratings (Long-Term ICR) of Berkshire Hathaway Homestate Insurance Company and its affiliates.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) for ReliaStar Life Insurance Company of New York and ReliaStar Life Insurance Company.

AM Best has affirmed the Financial Strength Rating and Long-Term Issuer Credit Rating of Summit Insurance Company Limited.

AM Best has changed its outlook on Westfield Insurance Company from negative to stable, citing improved financial performance in 2024.

AM Best’s inaugural cyber insurance survey highlights early-stage catastrophe modeling, the prevalence of SME policies, and the impact of ransomware.

AM Best’s report highlights the resurgence of Thailand’s non-life insurance sector, driven by increased premiums and improved underwriting gains.

AM Best’s commentary highlights the increasing challenges in California’s property insurance sector, driven by severe wildfires and insurer pullbacks.