Best's Review Examines Claims Backlog as 2022 Atlantic Hurricane Season Begins

OLDWICK, N.J.--(BUSINESS WIRE)--
The June issue of Best’s Review examines a backlog of claims, mainly in Florida, and its impact on reinsurance and the insurance-linked securities market. According to “Stormy Weather: In Florida, Property Claims Face Litigation Backlog,” an above-average hurricane season could add to the claims stockpile, although proposed legislation may provide some solutions.

Also included in the June issue:

• In “U.S. Interest Rates, Excess Capital Drive Life Insurers’ M&A Push,” industry experts explain why they expect more active M&As in 2022, especially from life and annuity insurers, and how more rate hikes could affect deals.
• “U.S. Fed Rate Hikes, Ukraine Invasion and Lingering COVID-19 Inject Volatility Into Bonds” looks at how inflation and other factors have affected returns and what the future may hold for the market.
• “Asset Management Professionals Examine Growing Role of ESG in Insurance Portfolios” features an interview with industry executives about how insurers are adapting their portfolios and interpreting their investments in light of environmental, social and governance demands.
• In “AM Best’s Student Challenge Winners Offer Battle Plan for Infectious Disease Remediation,” students from Saint Joseph's, Florida State and Illinois State share details about their submissions.

Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access to 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.

Copyright © 2022 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

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Patricia Vowinkel
patricia.vowinkel@ambest.com

Executive Editor, Best’s Review^®

+1 908 439 2200, ext. 5540

Source: AM Best