Best's News


News & Research
Advanced Search Advanced Search



   
   
 
 
 Search Results

  Topic

  Companies

 
1 through 20 of 1,440 matching documents, best matches first.   Sort by date

Missouri Reducing Regulations Covering ‘Small, Emerging' TPAs
Professional Benefits Administrators was unsuccessful. (By Steve Hallo, senior associate editor, BestWire: Steve.Hallo@ambest.com)
Source: BestWire   Date: October 2, 2026
Subscription or Purchase Required

2026 Best's Rankings: US Private Passenger Auto No-Fault DPW Fell 1.5% Last Year
Best data sourced from Best's Financial Suite, US. (By Terrence Dopp, senior associate editor, Best's Review: Terry.Dopp@ambest.com)
Source: BestWire   Date: August 7, 2026
Penn Mutual Sees Net Attributable Income Spike in 2024 to $1.33 Billion
Penn Mutual Life Insurance Co. saw its net attributable income climb more than sixfold to $1.33 billion in 2024, according to its annual report. The carrier reported net ...
Source: BestWire   Date: April 14, 2025
Subscription or Purchase Required

Mutual Affiliations Increasingly a Go-To for Smaller Carriers Seeking Stability
National Association of Mutual Insurance Companies. Such affiliations see often smaller, regional-based mutual carriers opt to combine aspects of their operations and finances ...
Source: BestWire   Date: October 30, 2024
Subscription or Purchase Required

Scor CEO Takes Over Life/Health Segment Following Second-Quarter Net Loss
Scor L&H, the group said in its earnings release. In property/casualty reinsurance, Léger said Scor is seeing continued strong pricing and improved diversification. The group ...
Source: BestWire   Date: July 30, 2024
Subscription or Purchase Required

UK Prudential Regulation Authority Lays Out Guidelines for Next Round of Stress Testing
The 2025 Life Insurance Stress Test will apply to U.K. life insurers active in the bulk purchase annuity market with the largest annuity portfolios, the PRA said. Those insurers ...
Source: BestWire   Date: July 18, 2024
Subscription or Purchase Required

Portfolio Finance for Insurers
Dadong Yan, Head of Barings Portfolio Finance, said portfolio finance is the next extension in the evolution of private investment grade assets. "To source portfolio finance ...
Source: AM Best TV   Date: June 3, 2024
R&Q Warns of 'Significant' Loss on Reserve Development, Agrees to JV Sale
R&Q Insurance Holdings Ltd. expects a "signficant" pretax loss for 2023 on adverse development in its legacy business as it agreed to sell its stake in a joint venture to an ...
Source: BestWire   Date: April 12, 2024
Subscription or Purchase Required

Tower NZ Revises Fiscal 2024 Guidance Upward on Strong Recent Results
New Zealand insurer said in a statement. This assumes full utilization of a large events allowance conservatively set at NZ$45 million. "The increased expectation for underlying ...
Source: BestWire   Date: February 15, 2024
Subscription or Purchase Required

Axis Capital Posts Preliminary 4Q Net Loss on $425 Million Liability Charge
Axis Capital Holdings Ltd. posted a preliminary fourth-quarter net loss as the group took a $425 million pretax reserve charge to strengthen its liability and professional lines. ...
Source: BestWire   Date: January 24, 2024
Subscription or Purchase Required

Validus Swung to Nine-Month 2023 Profit Ahead of Acquisition Closing
President and Chief Executive Officer Kevin J. O'Donnell earlier said (BestWire, Nov. 2, 2023). "We are already one company," O'Donnell said. "We have all of the Validus risk ...
Source: BestWire   Date: January 12, 2024
Subscription or Purchase Required

Prudential Plc, CITIC Contribute $352 Million to Boost China Life Joint Venture
Prudential plc said its CITIC-Prudential Life Insurance Co. Ltd. 50/50 joint venture will raise its its registered capital by 2.5 billion yuan ($352 million) to tap into the ...
Source: BestWire   Date: December 21, 2023
Subscription or Purchase Required

SiriusPoint Stock Slides as Shareholder CMIG Taken Into Private Receivership
Egan said at the time. The program also led to adverse development in 2022. A review led to the decision to end the underwriting relationship at the start of 2024, he said. ...
Source: BestWire   Date: December 14, 2023
Subscription or Purchase Required

Best's News: Lackluster Underwriting Results Lead List of Reasons Insurance Layoffs Grow, Industry Watchers Say
Insurance and Liberty Mutual combined layoffs have totaled more than 5,200. State Farm and USAA layoffs of hundreds each made headlines. Also in this week's Best's News: - Buried ...
Source: BestWire   Date: November 17, 2023
Subscription or Purchase Required

China Issues Guidelines for Identifying Systemically Important Insurance Companies
The measures will become effective Jan. 1, 2024, the regulators said in an accompanying notice. The guidelines stem from the regulators' effort to strengthen the financial ...
Source: BestWire   Date: October 25, 2023
Subscription or Purchase Required

Fronting Carrier Clear Blue Replaces Reinsurance Risks After Vesttoo Investigation
China Construction Bank. "The company performed an evaluation of the circumstances and took prompt actions to replace the reinsurance associated with Vesttoo to obtain additional ...
Source: BestWire   Date: September 13, 2023
Subscription or Purchase Required

Hong Kong Insurance Authority CEO’s Term Extended to 2026
The Hong Kong Insurance Authority has announced the government has reappointed Clement Cheung as its chief executive officer for another term of three years Aug. 15, 2023 to Aug. ...
Source: BestWire   Date: August 14, 2023
Subscription or Purchase Required

Citing Long-Term Care Settlements, Genworth Delays Second-Quarter Earnings Release
Enact Holdings (BestWire, Sept. 22, 2022). "As with all LDTI accounting, it is noneconomic, and will not impact the company's cash flows, statutory accounting results or capital ...
Source: BestWire   Date: August 1, 2023
Subscription or Purchase Required

US Treasury Secretary Seeks Better Understanding of Insurers’ Climate Actions
United States as companies reassess their appetite for risk in those areas. At a meeting of the Financial Stability Oversight Council, Yellen said her concern about insurance ...
Source: BestWire   Date: July 31, 2023
Subscription or Purchase Required

Reinsurance Group Corinthian Confirms Its Own Investigation Into Vesttoo-Related Letters of Credit
... Bank (BestWire, July 25, 2023). Clear Blue in a statement addressed "recent news regarding Vesttoo and allegations that letters of credit issued by the China Construction Bank ...
Source: BestWire   Date: July 28, 2023
Subscription or Purchase Required


Page: 1 2 3 4 5 6 7 8 9 10 next >>