-

AM Best to Sponsor and Present Insurance Market Outlooks and Trend Analysis at American Property Casualty Insurers Association’s Annual Meeting

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will host a market briefing on the state of the U.S. property/casualty insurance industry in conjunction with the American Property Casualty Insurers Association’s (APCIA) Annual Meeting, on Monday, Oct. 3, 2022, at 2 p.m. CDT at the Hilton Anatole in Dallas. AM Best also will be sponsoring the opening reception at the conference.

Stefan Holzberger, chief rating officer, and Greg Williams, senior director, both of AM Best, will lead the market briefing and discuss segment outlooks for the personal and commercial lines of business within the U.S. property/casualty industry, as well as financial performance trends. The session also will look at market trends for delegated underwriting authority enterprises (DUAE), such as managing general agents and other underwriting agencies, as well a primer on Best’s Performance Assessments for DUAEs — an industry-first tool providing an objective, independent opinion of a DUAE’s ability to perform services on behalf of carriers. Also as part of the briefing, the analysts will explore the growing impact of so-called secondary perils (e.g., tornadoes, hail) and rising loss costs amid inflationary and supply chain pressures. The briefing will take place in the Senator's Lecture Hall at the Hilton Anatole, the same location as the APCIA conference.

The purpose of the APCIA is to advocate for its members’ public policy positions in all 50 states and in the U.S. Congress, as well as to keep members current on the information that is critical to their businesses. The annual APCIA event runs from Oct. 2-4. AM Best also is sponsoring the opening cocktail reception on Oct. 2, from 4:30 p.m. to 6 p.m. (CDT) in the Chantilly Foyer of the Hilton Anatole.

Both events are open to APCIA attendees. To register, or for additional information about the APCIA and the annual conference, please visit the event webpage and agenda or email conferenceinformation@ambest.com.

AMBest TV also will provide coverage of the annual meeting. For daily reports and interviews, look for the APCIA-related playlist under the “Event Coverage 2022” tab at www.ambest.tv.

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 © 2022 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Al Slavin
Communications Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

AM Best


Release Versions

Contacts

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Al Slavin
Communications Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

More News From AM Best

AM Best Revises Outlooks to Positive for Anchor General Insurance Company and Subsidiary

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Ratings of “bbb-” (Good) of Anchor General Insurance Company (San Diego, CA) and subsidiary, Pacific Star Insurance Company (Madison, WI), collectively referred to as Anchor General. The Credit Ratings (ratings) reflect Anchor General’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate o...

Best’s Commentary: Florida Flooding Losses Manageable but Expose Low Take-up Rates for Private Coverage

OLDWICK, N.J.--(BUSINESS WIRE)--Given the disproportionate number of homes with federal or private flood insurance in Florida, a significant number of them may not be covered against or underinsured against flood-related losses following several rounds of torrential storms across the state, according to an AM Best commentary. The Best’s Commentary, “Florida Flooding Losses Manageable but Expose Low Take-up Rates for Private Coverage,” notes that Florida is the largest flood insurance market in...

AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Knighthead Annuity & Life Assurance Company (Knighthead Annuity) (Cayman Islands) and its affiliate Merit Life Insurance Co. (Merit) (Charlotte, NC) (collectively referred to as Knighthead Insurance Group). The outlook of these Credit Ratings (ratings) is stable. In addition, AM Best has a assigned a Long-Term Issue Credit Rating...
Back to Newsroom