Our Purpose: Find out about the unique role AM Best plays in supporting the insurance industry's ability to keep its commitments to all its stakeholders. https://bit.ly/3T80gPg #insuranceindustry #financial #sustainability
AM Best
Financial Services
Oldwick, NJ 19,165 followers
Our Insight, Your Advantage™
About us
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. AM Best rating services assesses the creditworthiness of and/or reports on over 16,000 insurance companies worldwide. Our credit ratings are independent, indicative and interactive, and summarize our opinion on an insurance company’s ability to pay claims, debts and other financial obligations in a timely manner. Our commentary, research and analysis provide additional insight. AM Best information services integrates credit ratings, commentary, research and analysis with insurance news, financial data and thought leadership to help consumers and professionals make more informed personal and business decisions. Our customers include agents, brokers, investors, regulators, educators and policyholders interested in measuring and managing insurance-related risks. Follow our other social media accounts through www.ambest.com/socialmedia
- Website
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http://www.ambest.com
External link for AM Best
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- Oldwick, NJ
- Type
- Privately Held
- Founded
- 1899
- Specialties
- Insurance Credit Ratings, Analytics, Information, and News
Locations
Employees at AM Best
Updates
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Access here: https://bit.ly/4goONEP Europe’s four largest #reinsurers reported strong results in 2023 and the first half of 2024 for their non-life #reinsurance segments, benefitting from continued strong pricing and terms. #insurance #insurers #nonlifereinsurance #globalreinsurance #insuranceindustry
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Mutual insurers have learned that, yes, people care about the corporate structure of their insurance company. Neil Alldredge, president and CEO of the National Association of Mutual Insurance Companies, discusses how mutuals have tried to maintain strong community connections while they face decisions about rates and potential economic and regulatory pitfalls. Read more: https://bit.ly/3yXghR1 #economic #regulatory #insurancecompany National Association of Mutual Insurance Companies (NAMIC)
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What makes a good mutual? How are mutuals handling the pace of technological evolution? Liz Green, CEO designate for the International Cooperative and Mutual Insurance Federation, weighs in on these questions and more. Read what she has to say here: https://bit.ly/4cSB6uM #mutuals #technological #insurance ICMIF
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Access here: https://bit.ly/47eYu4j A key ongoing shift in financial reporting to the International Financial Reporting Standards (IFRS) 17 is underway, representing a significant accounting change that has necessitated segmentation of performance analysis in the #reinsurance market. #insurance #IFRS17 #globalreinsurance #insuranceindustry
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Read the Best's Review September Edition here: https://bit.ly/4dHBddL Best’s Review speaks with mutual insurance industry leaders as the annual NAMIC convention gets underway this month. This issue also includes AM Best’s exclusive ranking of top global reinsurers. #NAMIC #global #reinsurers #insurance
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Learn more: https://bit.ly/4e27Faz The implementation of #IFRS17 accounting standards in the #insurance industry has forced a modification to AM Best’s annual ranking of top #reinsurance groups for 2023. #insuranceindustry #globalreinsurance #annualranking
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A new Best’s Market Segment Report maintains Mexico’s insurance industry at stable, owing to strong premium growth and solid profitability despite Hurricane Otis. Read an interview with Alfonso Novelo, AM Best senior director, analytics, about the report, the recent presidential election in Mexico and how insurers performed in the aftermath of Otis: https://bit.ly/3LPyWRk #Hurricane #Otis #insurance
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India’s insurance regulator has recently announced the creation of Bima Sugam, an online marketplace envisioned as a one-stop solution for the buying and selling of insurance or settlement of claims. Learn more: https://bit.ly/3ykGLeS #insurance #India #insurers #regulator
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Read more: https://bit.ly/4cwdV9h The capacity level in the insurance-linked securities (#ILS) segment continues to grow at a modest pace, mostly aligning with market demand as opposed to exceeding it. In addition, AM Best estimates the #property #catastrophe bond market at approximately USD 45 billion at mid-year 2024, which represents growth of USD 3 billion. #insurancelinkedsecurities #insurance #insuranceindustry