AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Vietnam National Scale Rating of aaa.VN of Military Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings reflect MIC’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance,…
Reinsurance
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Atradius Crédito y Caución S.A. de Seguros y Reaseguros, Atradius Trade Credit Insurance, Inc. and Atradius Seguros de Crédito, S.A., which are the main operating subsidiaries of Atradius N.V., the non-operating holding company. The ratings of ACyC, ATCI and…
“Our latest economic forecasts for the P/C industry have improved since earlier this year,” said Michel Léonard, Ph.D., CBE, chief economist and data scientist at the Triple-I.“ P/C underlying growth, a key economic driver of existing and new business premium volume growth, is expected to outpace overall U.S. However, Triple-I continues to see significant risks to…
Underwriting conditions remain favorable across much of the U.S. property/casualty insurance industry as economic drivers stabilize and moderating claims-cost pressures support stronger underwriting results, according to the latest members-only Insurance Economics and Underwriting Projections: A Forward View from the Insurance Information…
KBRA assigns an A- insurance financial strength rating to TruSpire Retirement Insurance Company. Additional credit strengths include capital support from TruSpire’ s indirect parent, Malibu Life Holdings Limited, and TruSpire’ s strategic role as MLHL’ s U.S. retail annuity platform. TruSpire also benefits from an experienced annuity management team and…
The bill would also permanently extend the ACA enhanced premium tax credits that Congressional Republicans allowed to expire at the end of 2025, codify the "family glitch" fix and provide funding for a national reinsurance program policies that Rep. Craig has long championed. Americans are facing skyrocketing insurance premiums following the expiration…
A comprehensive legal system abuse awareness campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with a Silver Award in the Best Local/Hyperlocal Campaign category of the Bulldog PR Awards. Triple-I recognized the legal system abuse challenges plaguing Georgia and launched a comprehensive campaign in…
As Blue Whale insures or reinsures Pfizer’ s international employee benefits and global property exposures, among other coverages, it plays a strategic and critical role in Pfizer’ s overall ERM in protecting the Pfizer enterprise’ s assets. Blue Whale provides substantial retentions in coverages for Pfizer, augmented by significant reinsurance capacity.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of the members of MedPro Group. These Credit Ratings apply to The Medical Protective Company and its affiliates: Princeton Insurance Company; PLICO, Inc.; Wellfleet Insurance Company; and Wellfleet New York Insurance Company; as well as MedPro’ s two reinsured…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Al Ahleia Insurance Company S.A.K.P.. The outlook of these Credit Ratings is stable. The company has reported improved pre-tax profits over the past five years, reaching KWD 29 million in 2025, equivalent to a return-on-equity ratio of 16%.
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of The People’ s Insurance Company of China, Limited. The ratings also reflect the strategic importance of the company to its parent, The People’ s Insurance Company of China Limited. In 2025, PICC HK ranked 8th amongst primary non-life insurers in Hong…
A comprehensive legal system abuse awareness campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with a Silver Award in the Best Local/Hyperlocal Campaign category of the Bulldog PR Awards. Triple-I recognized the legal system abuse challenges plaguing Georgia and launched a comprehensive campaign in…
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Hurst Home Insurance Company, Inc.. The Credit Ratings reflect HHIC’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and…
Louisiana’s property/casualty insurance market posted its first broad rate relief this decade in 2025, but headwinds caused by legal system abuse persist, according to a new members-only Issues Brief published today by the Insurance Information Institute. P/C premium rates fell statewide across all lines combined by an average of 0.4% last year,…
The following information was released by the Insurance Information Institute:. Louisiana's property/casualty insurance market posted its first broad rate relief this decade in 2025, but headwinds caused by legal system abuse persist, according to a new Issues Brief published today by the Insurance Information Institute. Triple-I's analysis of SandP…
The following information was released by the National Association of Women Business Owners:. After spending years helping organizations understand some of the world's biggest risks, from natural disasters to climate change, Donna recognized an opportunity to help businesses prepare before disaster strikes rather than simply recover afterward.
W. R. Berkley Corporation today announced the appointment of Paul J. Stock as president of Carolina Casualty. Commenting on the appointment, W. Robert Berkley, Jr., chairman, chief executive officer, and president of W. R. Berkley Corporation, said: "Paul has brought extensive leadership experience and expertise to the business. Founded in 1967, W. R. Berkley Corporation…
Quick links: 5- years of insurer losses/profits| Reader poll: Expensive insurance| Denver plans for 10,000 jobs| Cash App's $1.7 M settlement with state| Aurora job fair. Colorado has adopted new laws and programs to address rising insurance costs and the scarcity of homeowners policies in risky areas. "To address the affordability challenges that we have in the…
The new Best’ s Market Segment Report,“ Market Segment Outlook: Guatemala Insurance,” states that Guatemala is forecast to see GDP growth moderate in 2026, though still supported by private consumption and remittance inflows. However, the outlook is subject to heightened uncertainty given potential impact of the Middle East conflict, continued global trade…