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Best’s News & Research Service - July 05, 2023 01:51 PM (EDT)

Best's Review Features “Standing the Test of Time” List, Top 200 P/C and L/H Insurers

• July 05, 2023 01:51 PM (EDT)

    

Oldwick //BestWire// - The July issue of Best’s Review features a list of the 167 insurers that have maintained a Best’s Financial Strength Rating of A or higher for at least 50 years, as well as data and information on the leading businesses in the insurance industry:

• “Standing the Test of Time — 2023 Edition” lists property/casualty and life/health insurers that have maintained a Best’s Financial Strength Rating of A or higher for more than 50 and 75 years.


• “Top 200 U.S. Property/Casualty Writers — 2023 Edition” shows the industry’s 2022 net premiums written increased 8.6%.


• “Top 200 U.S. Life/Health Insurers — 2023 Edition” shows the industry’s 2022 admitted assets decreased 4.6%.

Also included in the July issue:

• “Top Global Insurance Brokers — 2023 Edition” ranks global brokers by 2022 total revenue and describes industry developments and company activity.


• “Insurers Working To Narrow $12 Trillion Gap in US Life Insurance Coverage” indicates that insurance professionals have heeded the call to step up efforts to reach traditionally underserved communities.


• “AM Best’s Briefing: D&O Liability Market Softens Amid Rising Competition, Capital Supply” indicates that the dearth of initial public offerings and lack of SPAC market expectations are partly to blame for increased competition tied to lower rates.

Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access to the complete content of Best’s Review is available here.

AM Best is a global credit rating agency, news publisher and data analytics provider 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.

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