The upcoming fourth edition of the Puerto Rico Financial Services Forum (FSF), recognized as the premier international financial and insurance conference in Puerto Rico, is set to take place on October 21 and 22, 2024, in San Juan. Bringing together…
AM Best Upgrades Outlook to Positive for Unity Financial Life Insurance Company; Affirms Ratings AM Best has revised the outlook for the Long-Term Issuer Credit Rating (Long-Term ICR) of Unity Financial Life Insurance Company (Unity) from stable to positive. Additionally,…
AM Best, the global credit rating agency specializing in the insurance industry, has announced the placement under review with developing implications of the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a”…
AM Best has taken action to place under review with positive implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) for ShelterPoint Insurance Company (SPI) in West Palm Beach,…
AAM Insurance Investment Management (www.aamcompany.com) is delighted to announce the appointment of Tim Senechalle, CFA, as Chief Investment Officer (CIO) and Elizabeth Henderson, CFA, as Head of Fixed Income, effective May 1, 2024. “I am thrilled to introduce Tim Senechalle…
AM Best has reaffirmed Seguros El Potosí, S.A.’s (El Potosí) Financial Strength Rating of A- (Excellent), its Long-Term Issuer Credit Rating of “a-” (Excellent), and its Mexico National Scale Rating (NSR) of “aaa.MX” (Exceptional). The outlook for these ratings remains…
In Triple-I’s April 2024 Outlook, Michel Léonard, Ph.D., CBE, chief economist and data scientist, highlighted the remarkable growth trajectory of the U.S. property/casualty (P/C) insurance industry. Léonard noted that P/C underwriting growth has surged past the nation’s Gross Domestic Product…
Prudential Financial, Inc. (NYSE: PRU) has rolled out new voluntary workplace insurance options aimed at supporting family expansion and mental health. These offerings include coverage for fertility treatments, extended hospital stays, screenings for substance use, and severe mental health conditions.…
AM Best ha mejorado las calificaciones crediticias de Acerta Compañía de Seguros, S.A. (Acerta) con sede en Ciudad de Panamá, Panamá. La Calificación de Fortaleza Financiera (FSR) se eleva de B+ (Buena) a B++ (Buena), mientras que la Calificación Crediticia…
AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of “a” (Excellent) to UnitedHealth Group Incorporated’s recently issued senior unsecured notes. The outlook assigned to these ratings is stable. The proceeds from these issues are expected to be utilized…
Fidelis Insurance Holdings Limited (NYSE: FIHL), a prominent global specialty insurer, has announced the submission of its annual report on Form 20-F for the fiscal year ending December 31, 2023, to the U.S. Securities and Exchange Commission (SEC). Interested parties…
AM Best has upheld Ping An Property & Casualty Insurance Company of China, Ltd.’s (Ping An P&C) Financial Strength Rating at A (Excellent) and its Long-Term Issuer Credit Rating at “a+” (Excellent), affirming a stable outlook for these Credit Ratings.…
