Founded in 1899, AM Best is the world’s largest credit rating agency specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.
AM Best Rating Services assesses the creditworthiness of and/or reports on over 16,000 insurance companies worldwide. Our commentary, research and analysis provide additional insight.
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Taiwan’s P&C capital levels under pressure from Covid claims
- June 7
The situation shows the danger of underwriting policies for which there is inadequate data.
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India hikes third party motor liability premiums
- May 30
This is the first such rise in two years and will feed into the overall cost of insuring vehicles
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Australia’s general insurers saw US$303m loss at start of year
- May 27
The devastating floods in February and March sparked an increase in claims.
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South Korea’s non-life players see underwriting profit boost
- May 20
Net profits rose by 72% in 2021 to a record-high of US$3bn in 2021, according to AM Best.
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Starr acquires FPG’s Thai operations
- May 18
The firm will strengthen local product offerings with tailored commercial insurance and A&H cover.
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Petronas’ captive rating boosted by favourable COR: AM Best
- May 18
Energas Insurance has has a five-year average combined operating ratio of 66%.
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Aussie floods put pressure on capacity ahead of renewals
- May 4
P&C insurers have begun increasing premiums and tightening policy wordings as they take stock.
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Claims expected as record rainfall hits Townsville in Australia
- May 2
The Queensland town had a US$800m flood in 2019.
