SPECIAL REPORT
Apr 29, 2024 08:20 AM (EDT)
AM Best has revised its market segment outlook on the United Kingdom’s non-life insurance segment to stable from negative in its new Best’s Market Segment Report, “Market Segment Outlook: UK Non-Life Insurance”.
May 01, 2024 09:24 AM (EDT)
Premium growth for AM Best’s medical professional liability composite moderated to 3.6% in 2023, but overall financial results were buoyed by favorable net investment income, according to a new AM Best report.
Apr 30, 2024 10:41 AM (EDT)
Chinese insurers have been raising funds from the domestic debt capital market in the form of capital supplementary bonds (CSBs) in recent years, highlighted by a 240% increase in issuances in 2023.
Apr 26, 2024 09:07 AM (EDT)
Publicly traded U.S. health insurance companies saw another year of growth, as total GAAP revenue rose in 2023 by 10.4% to $1.07 trillion. However, according to a new AM Best report, future results may be pressured.
EARNINGS
Apr 26, 2024 02:05 PM (EDT)
Aon plc's chief executive officer said the group gained a significant advantage in the middle market and a strong mergers and acquisitions pipeline as it closed on its $13 billion acquisition of NFP Corp. earlier than expected.
Apr 30, 2024 05:28 PM (EDT)
Prudential Financial Inc. posted net attributable income of $1.14 billion in the first quarter, compared with $1.46 billion in the same period a year earlier, as it reported a realized investment pretax loss of $97 million.
Apr 25, 2024 05:09 PM (EDT)
Hartford Financial Services Group Inc. posted higher first-quarter net income on commercial lines gains and elevated investment income. First-quarter net income available to common stockholders rose to $748 million.
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