regulatory changes News

Best Maintains Negative Outlook on Global Reinsurance Sector

A.M. Best announced that it is holding to “its 2016 outlook for the global reinsurance sector at negative, citing the significant ongoing market challenges that will hinder the potential for positive rating actions over time and may eventually translate into …

Best’s UK Non-Life Report Highlights ‘Challenging Market Conditions’

According to a new report from A.M. Best Co., the U.K. non-life insurance sector “faces mounting pressures, ranging from regulatory changes and competitive market conditions to an uncertain economic environment and low investment returns.” “The report entitled, “U.K. Non-Life Insurers …