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AM Best revises New India’s outlooks to positive

AM Best revises New India’s outlooks to positive

by AIP Online Bureau | Dec 11, 2025 | Indian News, Non-Life, Reinsurance

The Credit Ratings reflect New India’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favourable business profile and marginal enterprise risk management (ERM) Singapore: In a major boost for New India...
Jamaica’s insured losses from Hurricane Melissa likely to fall on reinsurers:AM Best

Jamaica’s insured losses from Hurricane Melissa likely to fall on reinsurers:AM Best

by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

In its Best’s Commentary, “Jamaica’s Insured Losses From Hurricane Melissa Likely to Fall to Reinsurers,” AM Best notes thatinsurance penetration in Jamaica is low as only a small portion of property is insured on the island, which will limit insured losses....

GIC Re’s Credit Ratings affirmed as “A-” (Excellent) by AM Best

by AIP Online Bureau | Oct 14, 2025 | Briefs, Reinsurance

General Insurance Corporation of India (GIC Re), a leading global reinsurer, has received an affirmation of its Financial Strength Rating (FSR) and Long-Term Issuer Credit Rating (ICR) from AM Best, a globally recognized credit rating agency. AM Best has affirmed GIC...

AM Best’s Top 50 Global Reinsurers: Swiss Re unseats Munich Re as new No 1 among IFRS-17 players in 2024

by AIP Online Bureau | Aug 18, 2025 | International News, Reinsurance

Non-IFRS 17 RankIFRS 17 RankCompany NameLife & Non-Life Reinsurance Premiums (GPW)Life & Non-Life Reinsurance Revenue (Gross)Total Share-holders Funds2Combined Ratio3 1Swiss Re Ltd.361812324089.9 2Munich Reinsurance Company325553411277.3 3Hannover Rück...
AM Best maintains stable outlook on global cyber insurance segment

AM Best maintains stable outlook on global cyber insurance segment

by AIP Online Bureau | Jul 10, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

The AI-driven proliferation of cyber-attacks also can increase the scale and complexity of attacks. Additionally, the ongoing challenge of ransomware, business email compromise and funds transfer fraud continues to escalate Rating agency AM Best said it is maintaining...
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