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Challenges from tariff uncertainty likely credit negative for insurers: AM Best

Challenges from tariff uncertainty likely credit negative for insurers: AM Best

by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Risk Management

“Insurance companies have financial exposure to public equities — more so for P/C companies—whose decline will lead to unrealized losses and ultimately, declines in capital.There are 166 P/C insurers that have more than 25% of their assets allocated to...
AM Best upgrades credit ratings of FAIR Oil & Energy Insurance Syndicate

AM Best upgrades credit ratings of FAIR Oil & Energy Insurance Syndicate

by AIP Online Bureau | Apr 6, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

As at year-end 2024, the Syndicate consisted of 20 members from across the Africa, Middle East and Asia regions. While unique in its legal structure, the Syndicate operates like a traditional reinsurer, providing capacity and expertise to its members as well as...

AM Best maintains stable outlook on India’s non-life insurance segment

by AIP Online Bureau | Jan 16, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology

“We expect that India’s non-life premium growth will be bolstered over the medium term by the country’s economic development, rising insurance demand, and regulatory initiatives which are designed to increase insurance penetration and promote financial inclusion,”...
AM Best affirms Credit Ratings of New India Assurance

AM Best affirms Credit Ratings of New India Assurance

by AIP Online Bureau | Dec 12, 2024 | Indian News, Non-Life, Reinsurance

The ratings reflect NIA’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 rating review, international rating...

AM Best maintains outlook for global reinsurance industry to positive

by AIP Online Bureau | Nov 22, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Pension & Social Security, Reinsurance

Property reinsurance rates and terms have been relatively stable and are unlikely to soften in the coming months, owing to the hurricane activity during this year. Life insurance remains a good source of diversification for the large global reinsurers. The global...
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