Philadelphia Insurance Companies


BestWeek/BestReview Subscription Required Best’s Market Segment Report: U.S. Property/Casualty Mutual Insurers Achieve Moderate Surplus Growth Despite Elevated Losses

In 2018, A.M. Best-rated U.S. property/casualty mutuals experienced a modest deterioration in underwriting results in 2017 owing largely to catastrophic events; however, these mutual insurers still posted growth in surplus and net premiums written. September 19, 2018 Full Story


Kathleen Maloney

BestWeek/BestReview Subscription Required RMS Cyber Modelers: Insurers Struggle to Price an Evolving Risk

A panel of cyber modeling experts from RMS said insurers have traditionally priced on historical data, but face fresh uncertainty with each new flavor of cyber threat. The panelists spoke with A.M. BestTV at the RMS Exceedance 2018 conference in Miami. September 19, 2018 Full Story

BestWeek/BestReview Subscription Required Butterball Seeks to Dismiss Great American Lawsuit Over $4.2 Million Environmental Spill

Turkey producer Butterball LLC has asked a North Carolina federal judge to dismiss Great American E&S Insurance Co.’s lawsuit over who must pay for a $4.2 million environmental cleanup on a Butterball site in Missouri. September 19, 2018 Full Story

Pinnacle Actuaries

Agent/Broker

Asia/Pacific

Captive Market

Companies

Cyber Insurance

Health

Life Insurance

  • BestWeek/BestReview Subscription Required Prudential Succession Plan Continues With Four More Promotions: Prudential Financial Inc.’s succession plan continues with four more promotions planned when Chief Executive Officer John Strangfeld retires. Employees will assume new posts as chief financial officer, chief investment officer, treasurer and chief operating officer of international businesses. Full Story

Mutuals

NAIC

Ratings

  • BestWeek/BestReview Subscription Required A.M. Best Affirms Credit Ratings of SCOR SE and Its Main Operating Subsidiaries: A.M. Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of SCOR SE (SCOR) (France) and its main operating subsidiaries. Concurrently, A.M. Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) on SCOR’s outstanding rated instruments. The outlook of these Credit Ratings (ratings) remains stable. Full Story
  • BestWeek/BestReview Subscription Required A.M. Best Affirms Credit Ratings of Zurich Insurance Group Ltd and its Main Rated Subsidiaries: A.M. Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the main rated insurance subsidiaries of Zurich Insurance Group Ltd (Switzerland). These companies are collectively referred to as Zurich group. (See below for a detailed list.) At the same time, A.M. Best has affirmed the Long-Term ICR of “a” of the holding company, Zurich Insurance Group Ltd. The outlook of these Credit Ratings (ratings) remains stable. Full Story
  • BestWeek/BestReview Subscription Required A.M. Best Upgrades Credit Ratings for Raffles Insurance Limited: A.M. Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Raffles Insurance Limited (Raffles) (Cayman Islands). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. Full Story

United Kingdom

Workers' Compensation

Announcements