Regional Rating Services Updates

The following press releases feature information regarding the Europe, Middle East & Africa marketplace.

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AM Best Revises Outlooks to Positive for Insurance Company London-Almaty JSC : AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b+” of Insurance Company London-Almaty JSC (London-Almaty) (Kaza...
Date: April 26, 2019
AM BestTV: Consolidation Underway in Kazakhstan Insurance Market, Says AM Best Senior Financial Analyst : In this episode of AM BestTV, Yevgine Asatryan, senior financial analyst, AM Best, said the insurance market in Kazakhstan continues to develop and faces a variety of market and regulatory adjustments. Click on http://www.amb...
Date: April 25, 2019
AM Best Affirms Credit Ratings of Sura Re Ltd. : AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Sura Re Ltd. (Sura Re) (Bermuda). The outlook of these Credit Ratings (ratings) remains stable. The rating...
Date: April 24, 2019
AM Best Managing Director to Join Panel Discussion on AI at Saint Joseph’s University InsurTech, Analytics and Data Symposium : AM Best Managing Director John Andre will participate in a panel discussion at the InsurTech, Analytics and Data Symposium on Thurs., May 9, 2019, at Saint Joseph’s University in Philadelphia, PA. The one-day event, hosted ...
Date: April 24, 2019
AM BestTV: IFRS 17 Will Put Market Values for Insurance Liabilities in Accounts, Says AM Best Associate Director : In this episode of AM BestTV, Anthony Silverman, associate director of analytics, AM Best, said International Financial Reporting Standards (IFRS) 17, which takes effect in 2022, requires insurers to perform calculations clos...
Date: April 23, 2019
Best’s Market Segment Report: Global Life Reinsurers Poised for Growth, But Mature U.S. Market Still Key : Growth in the U.S. life reinsurance market has been challenged due to limited growth by direct writers, but opportunities have taken shape in emerging markets, particularly in the Asia-Pacific region, as well as in legacy lif...
Date: April 16, 2019
Best’s Special Report: UAE Takaful Companies Catching Up with Conventional Peers : Takaful operators continue to gain traction in the United Arab Emirates (UAE) insurance market as the Takaful segment’s profitability has improved significantly in recent years, according to a new special report by AM Best. I...
Date: April 16, 2019
AM Best Affirms Credit Ratings of Nissan Global Reinsurance, Ltd. : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Nissan Global Reinsurance, Ltd. (NGRe) (Hamilton, Bermuda). The outlook of these Credit Ratings (ratings) re...
Date: April 12, 2019
AM BestTV: French Nonlife Insurance Sector Remains Competitive But Resilient, Says AM Best Director : In this episode of AM BestTV, Ghislain Le Cam, director for analytics, AM Best, discusses the factors behind the rating agency’s stable market segment outlook on France’s nonlife insurance market. Click on http://www.ambest.c...
Date: April 12, 2019
AM BestTV: U.K. Life Companies Aided by Annuity Market, Says AM Best Associate Director : In this episode of AM BestTV, Tony Silverman, associate director of analytics, AM Best, said that despite possible complications from Brexit, the market segment outlook for the U.K. life insurance sector remains stable. Click...
Date: April 11, 2019
AM Best Affirms Credit Ratings of Kommesk-Omir Insurance Company JSC : AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” for Kommesk-Omir Insurance Company JSC (Kommesk) (Kazakhstan). The outlook of these Credit Ratings (ratings) rema...
Date: April 11, 2019
AM BestTV: Negative Outlook on U.K. Non-Life Sector Based on Political Uncertainty, Performance, Says AM Best Senior Director : In this episode of AM BestTV, Catherine Thomas, senior director of analytics, AM Best, discusses the rating agency’s negative market segment outlook on the U.K. non-life sector, citing the need for improvements in technical p...
Date: April 10, 2019
Best’s Market Segment Report: AM Best Maintains Stable Outlook on Italian Non-Life Market : AM Best has maintained a stable market segment outlook on the Italian non-life insurance segment, supported by factors that include continued expansion of the segment in spite of very low economic growth and the expectation t...
Date: April 8, 2019
AM Best Revises Outlooks to Negative for PASHA Insurance OJSC : AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of PASHA Insurance OJSC (PASHA Insurance) (Azerbaijan). The ...
Date: April 5, 2019
Best’s Market Segment Report: AM Best Maintains Stable Outlook on Spanish Non-Life Market : AM Best is maintaining a stable market segment outlook on the Spanish non-life insurance market, supported by key factors that include the robust, albeit slowing, growth of the Spanish economy, the insurance sector’s resilien...
Date: April 5, 2019
AM Best Downgrades Credit Ratings of Life Insurance Corporation (International) B.S.C. (c); Places Credit Ratings Under Review : AM Best has downgraded the Financial Strength Rating to B (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb” from “bbb” of Life Insurance Corporation (International) B.S.C. (c) (LICI) (Bahrain). Concurrentl...
Date: April 4, 2019
Best’s Market Segment Report: AM Best Maintains Stable Outlook on Germany Non-Life Insurance Market : AM Best has maintained a stable market segment outlook on Germany’s non-life insurance market, supported by key factors that include solid rate adjustments in core business classes that are keeping pace with claims inflation,...
Date: April 4, 2019
Best’s Market Segment Report: AM Best Assigns Negative Outlook to German Life Market : AM Best has assigned a negative outlook to the German life insurance market. This reflects pressure from low interest rates remaining the key challenge for the sector, insurers’ limited ability to decrease reliance on traditi...
Date: April 3, 2019
Best’s Market Segment Report: AM Best Assigns Stable Outlook on French Life Market : AM Best has assigned a stable market segment outlook to the French life insurance segment, supported by key factors that include robust, albeit modest, economic growth, a population with one of the highest saving rates in Eur...
Date: April 2, 2019
Best’s Market Segment Report: AM Best Maintains Stable Outlook on U.K. Life Insurance Market : AM Best has maintained a stable market segment outlook on the U.K. life insurance market, supported by key factors that include strong growth opportunities focused on annuities and defined contribution pensions, higher alloca...
Date: April 2, 2019

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