Best's Review Puts Mutual Insurers Into Focus
September 06 2024 - 7:37AM
Business Wire
The September issue of Best’s Review focuses on the global
mutual insurance sector:
- “ICMIF Executive Anticipates Microinsurers, Improving
Regulatory Climate Boosting Mutuals Globally” dives into what makes
a good mutual, how mutuals are handling the pace of technological
evolution and more.
- “NAMIC Chief Executive Officer: Mutuals Strive To Maintain
Mission, Identity Amid Economic Challenges” describes how mutuals
have tried to maintain strong community connections while they face
decisions about rates and more.
- “Leading AI Platforms Highlight Mutuals’ Responsiveness, Client
Focus in Query” presents responses from three artificial
intelligence large language models about the advantages and
weaknesses of mutual insurers.
Also included:
- “AM Best: Stable Outlook Assigned for Global Cyber Insurance
Segment” examines the factors that have impacted the industry,
including a surge in ransomware attacks in 2020 and 2021.
- “Mortgages 90 Days Overdue Double, Drawing Investor Concern: AM
Best” features an edited version of a recent Best’s Special Report
about why an increase in troubled commercial mortgage loans may be
credit negative for some insurers.
- “North Carolina Dwelling Proposal Approved at Fraction of State
Rate Bureau’s Request” of an average 8% statewide increase in
dwelling rates—far less than the 50.6% requested last year by the
North Carolina Rate Bureau.
Best’s Review is AM Best’s monthly insurance magazine,
covering emerging issues and trends and evaluating their impact on
the marketplace. Access to the complete content of Best’s Review is
available here.
AM Best is a global credit rating agency, news publisher and
data analytics provider specializing in the insurance industry.
Headquartered in the United States, the company does business in
over 100 countries with regional offices in London, Amsterdam,
Dubai, Hong Kong, Singapore and Mexico City. For more information,
visit www.ambest.com.
Copyright © 2024 by A.M. Best Company,
Inc. and/or its affiliates. ALL RIGHTS RESERVED.
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Patricia Vowinkel Executive Editor, Best’s Review®
+1 908 882 1771 patricia.vowinkel@ambest.com