SPECIAL REPORT
Mar 20, 2025 08:48 AM (EDT)
As more companies seek greater financial flexibility amid a hard reinsurance market with higher interest rates, the U.S. property/casualty and health segments have increased their use of surplus notes over the past two years, according to a new AM Best report.
Mar 17, 2025 08:36 AM (EDT)
Retained earnings and new capital inflows helped drive the estimated capacity level in the insurance-linked securities (ILS) segment to a record USD 107 billion at year-end 2024, according to a new AM Best report.
Mar 13, 2025 08:05 AM (EDT)
Issuer Credit Rating downgrades on U.S. property/casualty insurers leveled off to 43 in 2024, compared with 55 in the previous year, despite the ongoing challenging conditions in the personal lines segment.
Mar 13, 2025 08:03 AM (EDT)
Issuer Credit Rating downgrades in the U.S. life/health insurance segments increased to 27 in 2024 from 17 in the previous year, while the number of ratings placed under review more than tripled to 37.
CORPORATE REHABILITATION
Mar 24, 2025 03:31 PM (EDT)
Automobile carrier Key Insurance Co. is in receivership and Kansas Insurance Commissioner Vicki Schmidt filed a petition for liquidation, according to an order from the Shawnee County District Court. As part of the March
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