-

AM Best to Participate in the West African Insurance Companies Association Conference Webinar

LONDON--(BUSINESS WIRE)--AM Best will participate in a webinar with the West African Insurance Companies Association (WAICA) Conference to be held 17 September 2024.

The webinar, titled, “Stress Testing in Re/Insurers? Stress Testing to Improve Insurers' Responses to New and Emerging Risks,” will focus on how vital stress testing is for (re)insurance companies to assess their resilience to adverse scenarios, as well as how much it is an important factor in assessing their financial strength. A proactive approach can enable companies to avoid major losses and better understand their risk profiles. During the webinar, AM Best will discuss how stress testing is considered within the insurance credit rating process and review.

Secretary General and Chief Executive Officer Davis Iyaserea, WAICA, will moderate. Other participants include:

  • Tim Prince, director, analytics, AM Best;
  • Ben Diaz-Clegg, associate director, analytics, AM Best; and
  • Bubacar Jarju, MD, Gambia National Insurance Company Ltd and president, WAICA.

The webinar will take place on Tuesday, between 10:00-11:30 am BST (GMT -1).

Founded in 1973, WAICA’s goal is to promote cooperation in every respect amongst all the insurers and reinsurers operating in the West African sub-region.

For more information about the WAICA, please visit West African Insurance Companies Association. To access the upcoming webinar, please visit AM Best's Briefing Stress Testing in Re/Insurers Stress Testing to Improve Insurers Responses to New and Emerging Risks.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising 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 Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Charlotte Shoesmith
Executive Assistant & Senior Events Coordinator
+44 20 7626 6264
charlotte.shoesmith@ambest.com

Industry:

AM Best

Release Versions
English

Contacts

Charlotte Shoesmith
Executive Assistant & Senior Events Coordinator
+44 20 7626 6264
charlotte.shoesmith@ambest.com

More News From AM Best

AM Best Revises Outlooks to Negative for SteadPoint Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of SteadPoint Insurance Company (SteadPoint) (Nashville, TN). The Credit Ratings (ratings) reflect SteadPoint’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (E...

AM Best Affirms Credit Ratings of Aseguradora Agricola Comercial, S.A.

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Aseguradora Agricola Comercial, S.A. (ACSA) (El Salvador). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect ACSA’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The stable outloo...

AM Best Assigns Issue Credit Rating to Victor Insurance Exchange’s Surplus Notes

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $102.5 million, 6% surplus notes, due June 2038, issued by Victor Insurance Exchange (Wilmington, DE). The outlook assigned to this Credit Rating (rating) is stable. As a start-up organization in 2023, the exchange utilized the surplus notes provided by its financial sponsor, Gallatin Point Capital, as its initial capitalization. Over the first five years of operation, capital is expected...
Back to Newsroom