Best's Review

AM BEST'S MONTHLY INSURANCE MAGAZINE



THE LAST WORD
Roll Up Your Sleeves: Insurers Offer Incentives to Entice Individuals to Get Their COVID-19 Shots

Several insurers around the world are offering reduced premiums and discounts on travel and other services to individuals who receive at least one dose of the vaccine.

  • Lori Chordas
  • August 2021

REINSURANCE
Insurtechs’ Innovation, Big Data Catch the Attention of Reinsurers

Reinsurers are benefiting from rapid access to insurtechs’ high-quality data.

  • Marie Suszynski
  • August 2021

WHAT AM BEST SAYS
AM Best: Cannabis Insurance Market Poised for Growth

The federal illegal status of cannabis has limited many carriers from coming to the market and opening it up.

  • John Weber
  • August 2021

PUBLIC-PRIVATE PARTNERSHIPS
Pandemic Backstops Face Uphill Battle Amid COVID-19 Crisis
UPDATED 7/23/21 3:00P.M.

The insurance industry wants a government-assisted business interruption gap fix before the next pandemic hits.

  • Frank Klimko
  • August 2021

REGULATORY/LAW
Cyber Threats: Get Ready and Get Tough

Insurers must clarify cyber policy wording, specifically causation coverage, going forward.

  • Alan Rutkin
  • August 2021

AT LARGE
How to Quicken the Notoriously Slow Pace of Change in the Insurance Industry

Leaders establish the vision and direction of an organization and guide transformation according to culture, capabilities and resource allocation.

  • Bill Pieroni
  • August 2021

GLOBAL BROKER RANKING
Top Global Insurance Brokers - 2021 Edition

Top 10 remains the same, and Confie returns to the list after four years, based on 2020 total revenue. Special Section sponsored by Finys.

To listen to a Finys podcast click on the microphone.

 

  • Best's Review Staff
  • July 2021

STANDING THE TEST OF TIME
Standing the Test of Time - 2021 Edition

In 2020, 68 property/casualty insurance companies and 18 life/health carriers had maintained a Best’s Financial Strength Rating of A or higher for at least 75 years. Special Section sponsored by Finys.

To listen to a Finys podcast click on the microphone.

 

  • Lori Chordas
  • July 2021

CEO INTERVIEW
Guardian Life’s CEO Andrew McMahon Wants the Mutual Insurer to Spend 2021 Looking Within

Less than a year after taking the helm of the 161-year-old life insurer, McMahon finds himself navigating what’s next as the U.S. reopens following the COVID-19 pandemic. Chief among the efforts is a plan to look within and examine what the company should look like at all levels.

  • Terrence Dopp
  • July 2021

RISK ADVISER
Regulators and Investors Sharpen Their Climate and ESG Focus

The SEC and others will be taking a close look at climate risk disclosures.

  • Lauren Kim
  • July 2021

THE LAST WORD
Can Digital License Plates Lower Insurance Costs?

The technology involved has the potential to combat fraud and theft and identify uninsured motorists.

  • Lori Chordas
  • July 2021

FROM THE EDITOR'S DESK
The Leaders Issue Features the Top Global Brokers and an Interview With the New CEO of Guardian Life

This month’s Best’s Review also includes rankings of the industry’s largest insurers, based on exclusive AM Best data.

  • Patricia Vowinkel
  • July 2021

TOP 200 U.S. L/H INSURERS
Top 200 U.S. Life/Health Insurers - 2021 Edition

Industry’s 2020 admitted assets increased 7.7%. Special Section sponsored by Finys.

To listen to a Finys podcast click on the microphone.

 

  • July 2021

TOP 200 U.S. P/C WRITERS
Top 200 U.S. Property/Casualty Writers - 2021 Edition

Industry’s 2020 net premiums written increased 2.5%. Special Section sponsored by Finys.

To listen to a Finys podcast click on the microphone.

 

  • July 2021

TOP 75 U.S., CANADA PUBLIC INSURERS
Top 75 U.S. and Canada Public Insurers (Assets) - 2021 Edition

Ranked by 2020 assets. Special Section sponsored by Finys.

To listen to a Finys podcast click on the microphone.

 

  • July 2021

TOP 75 U.S., CANADA PUBLIC INSURERS
Top 75 U.S. and Canada Public Insurers (Revenue) - 2021 Edition

Ranked by 2020 revenue. Special Section sponsored by Finys.

To listen to a Finys podcast click on the microphone.

 

  • July 2021

TOP 25 U.S. HOLDING COMPANIES
Top 25 U.S. Holding Companies - 2021 Edition

Special Section sponsored by Finys.

To listen to a Finys podcast click on the microphone.

 

  • July 2021

WORLD'S LARGEST INSURERS
World’s Largest Insurance Companies (non-banking assets) - 2021 Edition

Based on 2019 net non-banking assets. Special Section sponsored by Finys.

To listen to a Finys podcast click on the microphone.

 

  • July 2021

WORLD'S LARGEST INSURERS
World’s Largest Insurance Companies (npw) - 2021 Edition

Based on 2019 net premiums written. Special Section sponsored by Finys.

To listen to a Finys podcast click on the microphone.

 

  • July 2021

WHAT AM BEST SAYS
AM Best: Inland Marine Among Hardest Hit Lines in Quarantine

One bright spot: Pet insurance premium is up 15% this year.

  • John Weber
  • July 2021

EXECUTIVE CHANGES
Scor SA’s Board of Directors Names Laurent Rousseau CEO; Denis Kessler Remains Chairman

Also, BIBA names chair and deputy while Hippo announces a series of executive changes, including its first chief information officer.

  • July 2021

BOOK STORE
A Love Letter to the Ones Who Built the Professional Lines Insurance Sector

Larry Goanos provides an insider’s look into the people and companies that have made the business successful.

  • Meg Green
  • July 2021

APP STORE
Wunderite Driving Independent Agents Toward ‘Google Maps’ Experience

Web-based app collects and centralizes data to streamline processing of insurance applications.

  • Meg Green
  • July 2021

INSURANCE MARKETING
Successful Marketers Align With Colleagues for Effective Branding and Messaging

It’s also important to understand sales and executive goals and communicate succinctly, says Gallagher Bassett’s Dave Gordon.

  • Lori Chordas
  • July 2021

INDUSTRY UPDATES
European Commission Official Cautions on Pandemic Public-Private Insurance Partnerships

The coverage mechanisms will require large financing from member states due to the unprecedented physical costs of the measures put in place to manage the COVID crisis so far.

  • David Pilla
  • July 2021

INDUSTRY UPDATES
Fed Seeks More Time to Test US Capital Standard as Alternative to International Requirements

U.S. representatives argue international capital standard would not be appropriate as a capital rule for U.S. internationally active insurance groups.

  • Frank Klimko
  • July 2021

TRENDING: BEST'S RESEARCH
Trending Research Includes Reports on US P/C Insurers, D&O and ILS Markets

AM Best also comments on the pace of innovation, the outlook for medical professional liability insurers and the cyberattack on Colonial Pipeline.

  • July 2021

CORPORATE CHANGES
Name Changes, Mergers and Domiciliary Change

Shades Creek Captive, NORCAL and Georgia Casualty & Surety are among the life/health and property/casualty insurers in the United States that have experienced a corporate change.

  • July 2021

PREFERRED PUBLISHER PROGRAM
In Other News...

A roundup of news from publishers around the globe. Access to some sites may require registration or subscription.

  • July 2021

WEB TRAFFIC
Top Global Insurance Brokers

Home Sweet Homepage: Aon and Willis Towers Watson lead web analytics provider Semrush’s ranking of insurance brokers.

  • July 2021
  •  

AM BEST TV & AUDIO
Bold Penguin: Insurance Sales Are Evolving Into Faster, Less-Expensive Transactions

Also, industry professionals discuss escalating demand for pet insurance offered through the workplace and the recent explosion of ransomware.

  • July 2021

AM BEST WEBINARS
Panelists Address the Varied Effects of COVID-19 on Auto Insurers

Professionals also discuss how to better insure against flood loss and encourage more people to take up the coverage.

  • July 2021

Digital Edition

The digital edition, a replica of the print magazine, is available only to subscribers.






× Subscribe to the Best’s Review Newsletter to receive the industry’s leading news & insights straight to your inbox. Subscribe