PRESS RELEASE
Sep 15, 2021 08:35 AM (EDT)
Canada insurance companies’ ability to absorb the volatility caused by the pandemic has led AM Best to maintain its stable outlook on the country’s property/casualty segment and revise its life/annuity outlook back to stable from negative. Additionally, according to AM Best’s annual review of Canada’s insurance industry, short- to medium-term economic prospects are positive, with government measures likely to cushion any future jolts.
MASSACHUSETTS
Sep 17, 2021 11:46 AM (EDT)
A securities unit of Massachusetts Mutual Life Insurance Co. was ordered to pay $4 million for failing to ensure compliance with securities trading rules regarding the use of social media to effect trades by one broker/dealer, including trades in GameStop Corp. stock.
Sep 16, 2021 09:14 AM (EDT)
The U.S. surplus lines market experienced direct premium growth of 17.5% in 2020, representing the largest year-over-year premium increase since 2003, according to a new AM Best report.
PEOPLE IN INSURANCE
Sep 17, 2021 12:53 PM (EDT)
Berlin-based insurtech Wefox has hired Peter Huber, formerly chief executive officer at Zurich International, as chief insurance officer.
More from BestWire
More from AM Best TV
More from AM Best Webinars
Upcoming Events
WEBINAR National Association of Mutual Insurance Companies (NAMIC)
WEBINAR AM Best
WEBINAR LIMRA
WEBINAR Inland Marine Underwriters Association (IMUA)
More from Best's Calendar
Your Weekly News Round-up
Unvaccinated Insureds Could Change How Policies Are Written Sep 17, 2021
Unclogging the Data Behind Contractor Injuries Sep 16, 2021
Expert Warns Massive Shift Around Business Process Management Is Needed Sep 15, 2021
More from AM Best Audio
Current Issue | Archive
An overview for those working with and in one of the world's most interesting and vital industries
Read Best’s Guide to Understanding the Insurance Industry
