Best's Review Examines Challenges and Successes Following Hurricane Andrew
Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)--
A new article from Best’s Review looks at Hurricane Andrew 30 years later. The storm still ranks as one of the most costly to hit the United States, causing some $30 billion in insurance losses in 2021 dollars, and it fundamentally changed the face of the global reinsurance market. Read what industry experts say about the industry developments that took place in its aftermath in “30 Years After Hurricane Andrew, Bermuda Reinsurers, Florida ‘Joined at the Hip.’”
Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. 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. For more information, visit www.ambest.com.
WHITE MOUNTAINS INSURANCE GROUP LTD FILES (8-K) Disclosing Results of Operations and Financial Condition, Financial Statements and Exhibits
Prudential Financial, Inc. to Redeem 5.875% Fixed-to-Floating Rate Junior Subordinated Notes due 2042
Advisor News
- Why timing the market is still a retirement mistake and what to do instead
- Business owners may be overlooking a key part of their financial picture
- How smart investments prepare clients for inflation
- Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
- The biggest risk to your clients’ financial plans isn’t market volatility
More Advisor NewsAnnuity News
- Best’s Special Report: U.S. Life/Annuity Industry Sees Bottom-Line Growth Despite 18% Decline in Total Income in First-Quarter 2026
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- Fortitude Re Completes $500 Million FABN Issuance
- Reframing retirement income for greater certainty
- Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
More Annuity NewsHealth/Employee Benefits News
- Mangione makes ’emotional disturbance’ defense in attempt to reduce murder charge
- Health insurers seek steep hikes for some plans
- Health insurance costs could jump by up to 18%
- PCMA CHALLENGES ILLINOIS LAW AS UNLAWFUL INTRUSION ON EMPLOYER HEALTH PLANS
- U.S. REPS. CASTOR AND SUOZZI INTRODUCE RESOLUTION TO LOWER COSTS FOR FAMILIES BY REPEALING RULE THAT INCREASES PREMIUMS FOR HEALTH CARE COVERAGE
More Health/Employee Benefits NewsLife Insurance News
- An Application for the Trademark “LIFE INSURANCE THAT ENHANCES LIFE” Has Been Filed by Pacific Life Insurance Company: Pacific Life Insurance Company
- AM Best Assigns Issue Credit Rating to Sammons Financial Group, Inc.’s New Senior Unsecured Notes
- How much money do Connecticut residents need to retire comfortably?
- Advocates: Life insurers potentially missing millions of deaths annually
- How much money do Connecticut residents need to retire comfortably?
More Life Insurance News