SPECIAL REPORT
Apr 02, 2025 08:39 AM (EDT)
The U.S. life/annuity industry posted a 13% decline in net income to $33.3 billion in 2024, driven partly by a rise in expenses of nearly 15%, according to AM Best. These preliminary results are detailed in a new Best’s Special Report.
MERGERS AND ACQUISITIONS
Mar 28, 2025 01:40 PM (EDT)
A unit of Japan's MS&AD Insurance Group Holdings Inc. agreed to acquire up to 15% of W.R. Berkley Corp.'s common stock in a deal valued at $3.8 billion.
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.
Apr 03, 2025 09:03 AM (EDT)
U.S. life/annuity insurers allocated a higher share of new investment purchases toward bonds over mortgages and alternative assets through the first three quarters of 2024, when compared with the prior two years, according to a new Best's Special Report.
Mar 27, 2025 08:59 AM (EDT)
AM Best is maintaining its stable outlook on Panama’s insurance industry, citing its growth and consistently profitable underwriting results, which are expected to continue as companies navigate challenges.
CALIFORNIA
Mar 27, 2025 02:05 PM (EDT)
Claims related to the January Los Angeles wildfires have edged up, with State Farm reporting it has paid out $2.45 billion on 12,200 claims.
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