by AIP Online Bureau | Dec 1, 2022 | International News, Non-Life, Reinsurance
Chief among the negative drivers is the heightened natural catastrophe activity that continues to test investors’ risk tolerance levels, according to a new Best’s Market Segment Report, titled, “Market Segment Outlook: Global Reinsurance.” AM Best has maintained its...
by AIP Online Bureau | Oct 15, 2022 | International News, Non-Life, Reinsurance
The negative outlooks reflect AM Best’s expectation that macroeconomic headwinds and current unfavourable capital and investment market conditions may exacerbate financial stress on Fosun over the short to intermediate term HONG KONG: AM Best has revised the outlooks...
by AIP Online Bureau | Oct 8, 2022 | Indian News, Non-Life, Reinsurance
The Credit Ratings (ratings) reflect GIC Re’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, favourable business profile and appropriate enterprise risk management (ERM). In addition, the ratings factor in a...
by AIP Online Bureau | Oct 6, 2022 | International News, Non-Life, Reinsurance
While AM Best expects premium revenue to increase, mainly driven by fire, personal accident and other specialty insurance, it is probable that underlying underwriting profit will contract from a higher loss ratio for voluntary automobile insurance. Potentially higher...
by AIP Online Bureau | Sep 20, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Although investment returns are expected to increase over the near term alongside a recovery in interest rates, rising inflation in the region is likely to pose challenges in meeting the cost of capital prospectively,” said Kanika Thukral, senior financial analyst,...
