INSURASALES

Tag: AM Best

Bermuda Leads as Primary Offshore Reinsurance Hub for US Life/Annuity

Bermuda retains its top position in offshore reinsurance for US life and annuity insurers in 2024, accounting for over 40% of ceded reserves and enabling capital efficiency and growth despite a slowed reserve growth rate.

Porch Group’s HOA Tops AM Best Homeowners Insurance Rankings

Porch Group's Homeowners of America Insurance Company ranked first in Texas and third nationally in direct combined ratio performance in the 2024 AM Best report, demonstrating strong underwriting and loss ratio improvements continuing into 2025.

AM Best Hosts Briefing on 2025 Florida Property Insurance Market

AM Best to present a 2025 briefing on Florida's property insurance market amid active hurricane season forecasts. Industry experts to discuss market dynamics and regulatory factors.

AM Best Affirms Aetna and CVS Health Insurance Ratings as Stable

AM Best affirms stable A (Excellent) financial strength and credit ratings for Aetna Health & Life Group and CVS Health subsidiaries, highlighting strong capital adequacy and improved underwriting outlooks for 2025.

AM Best Affirms Strong Ratings for BMO Life Assurance Company

AM Best affirms strong ratings for BMO Life Assurance Company, citing strong financial health and operational performance in the Canadian insurance market.