Best's Review

AM BEST'S MONTHLY INSURANCE MAGAZINE



THE VIEW TO 2022
The View to 2022: Insurers Face New Year With Cautious Optimism

In the year ahead, insurers see plenty of challenges, including cyberrisk, growing catastrophe losses and lingering impacts of COVID-19. But, surprisingly, not all is gloomy.

  • Tom Davis
  • December 2021

ASSET MANAGEMENT
Insurers Confront Inflation for the First Time in Ages

Inflation across the economy could eat into investment margins that have dropped incrementally for the past decade from low interest rates. The open question is: Just how long could it be?

  • Terrence Dopp
  • December 2021

MARINE INSURANCE
Clogged Supply Chains Complicate Risk Concerns for Ocean Marine Insurers

Insurers worry about increases in volume and speed, bodily injury possibilities and a higher frequency of losses from container or cargo damage within ports.

  • David Pilla
  • December 2021

MARINE INSURANCE
COVID-19 Disruption to the Global Supply Chain Could Continue to Challenge Insurers for Some Time

COVID-19 has created bottlenecks in ports and disrupted supply chains, thereby creating challenges for marine insurers and reiterating the need for communication and building close relationships with suppliers.

  • Lori Chordas
  • December 2021

LIFE INSURANCE
Upstart Wysh Looks to Break Into the World of Life Insurance with a Focus on Flexibility and Usefulness

Founder Alex Matjanec hopes customers embrace the idea of life insurance tied to a changing set of obligations and life events rather than a set dollar amount.

  • Terrence Dopp
  • December 2021

WHAT AM BEST SAYS
AM Best: US Title Insurance Premium Saw Sizable Growth in 2020 Despite COVID-19

Looking forward, housing demand will remain strong, but not at the same pace seen in the last 12 to 18 months.

  • Lori Chordas
  • December 2021

REGULATORY/LAW
As Cybercrimes Continue, Lawsuits for Damages Will Grow

Due to different policy language, it is difficult to identify clear trends and patterns in the law.

  • Alan Rutkin
  • December 2021

AT LARGE
Insurers Need Innovative Battle Plan to Address Cyberrisk

The insurance industry needs a new approach and novel solutions to support the cyber market.

  • Tony Kuczinski
  • December 2021

RISK ADVISER
Are Food and Agriculture the Next Frontier of Climate Change Liability?

Casualty insurance is needed to help manage climate-driven food safety risks and enhance industry resilience.

  • Robert Reville and Adam Grossman
  • December 2021

AUDITORS & ACTUARIES
Society of Actuaries President: Adaptability and Creativity are Key Skills for Actuaries

Actuaries need to adapt and “get up to speed” with new skills as artificial intelligence and data science present new challenges. Special Section sponsored by Johnson Lambert.

  • John Weber
  • December 2021

FROM THE EDITOR’S DESK
After Year Two of COVID, Insurers Look Ahead to New Challenges

The December issue also includes Best’s Review’s annual listing of top auditors and actuaries as well as coverage of the marine insurance sector.

  • Patricia Vowinkel
  • December 2021

AUDITORS & ACTUARIES
Top Audit and Actuarial Firms — 2021 Edition

Ranked by loss reserves. Special Section sponsored by Johnson Lambert.

  • Best's Review Staff
  • December 2021

THE LAST WORD
Does Insurance Cause Some People to Lie? Behavioral Economics Has the Remedy

Some 24% of consumers think it’s acceptable to pad an insurance claim—at least one insurer is fighting back with a new business model.

  • John Weber
  • December 2021

BEST'S RANKINGS
Largest U.S. Title Insurers — 2021 Edition

The insurers were ranked by 2020 gross premiums written.

  • December 2021

BEST'S RANKINGS
Top 25 U.S. Ocean Marine Writers — 2021 Edition

The insurers were ranked by 2020 direct premiums written.

  • December 2021

BEST'S RANKINGS
Top 25 U.S. Inland Marine Writers — 2021 Edition

The insurers were ranked by 2020 direct premiums written.

  • December 2021

BEST'S RANKINGS
Top 25 U.S. Fire and Allied Writers — 2021 Edition

The insurers were ranked by 2020 direct premiums written

  • December 2021

BEST'S RANKINGS
U.S. Fire and Allied Lines — Top Writers by State, Canada and U.S. Territories — 2021 Edition

The insurers were ranked by 2020 direct premiums written.

  • December 2021

APP STORE
App Looks to Help Unite Global Risk Management Community

Risk managers now have a web-based app that can deliver insight into the field, professionals say.

  • Tom Davis
  • December 2021

BOOK STORE
Author Details How Psychology Can Help Agents Assist Clients, Boost Sales

Brian Ahearn’s book also talks about how to deal with different personality types.

  • Lori Chordas
  • December 2021

EXECUTIVE CHANGES
Progressive Insurance Names Former 3M Exec to Succeed Retiring Chief Marketing Officer

Also, Aon appoints a new chief executive officer for its Nordic region and Beazley fills chief underwriting officer role.

  • December 2021

TRENDING: BEST’S RESEARCH
Trending Research Includes Reports on P/C, Life/Annuity Financial Results and Personal Cyber

Other trending research includes reports on reinsurance, surplus lines and workers’ compensation.

  • December 2021

INSURANCE MARKETING
COVID-19 Highlights Need for Authenticity as a Key to Marketing Success

Beazley’s CMO shares opportunities and challenges created by the pandemic and the need for marketers to build an identity with consumers so they can become familiar with a company’s brand.

  • Lori Chordas
  • December 2021

AM BEST WEBINARS
Panelists Examine ESG and Its Relationship to Financial Strength and the Ratings Process

Professionals also discuss how identity management affects customer experience and helps reduce risk for commercial insurance carriers.

  • December 2021

CORPORATE CHANGES
Merger, Acquisitions, Name and Ownership Changes and State Action

Transamerica Pacific, Sirius Specialty and Boston Indemnity are among the U.S. life/health and property/casualty insurers that have experienced a corporate change.

  • December 2021

WEB TRAFFIC
Web Traffic: Visits to US Ocean Marine Writers

Berkshire Hathaway leads web analytics provider Semrush’s ranking of the top U.S. Ocean Marine Writers based on 2020 direct premiums written.

  • December 2021

AM BEST TV & AUDIO
Guy Carpenter Executive: MGA Market Remains Strong Despite COVID-19 Pandemic

Professionals also discuss cyberrisk, vaccine incentives and the technological transformation of the insurance industry.

  • December 2021

Digital Edition

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