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A look at ratings trends

Article Abstract:

Over a quarter of property and casualty insurers had their ratings changed by A.M. Best, with downgrades outpacing upgrades by a 2-to-1 margin. Most downgrades were attributable to a company's reduced market presence, weak profitability, its exposure to catastrophes as well as environmental liabilities, and emerging market shortfalls. Companies whose ratings were upgraded were those that managed to counter these negative trends.

Industry Overview, Evaluation, Property and casualty insurance industry

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Decision time is running out

Article Abstract:

Fierce competition is threatening the viability of new insurance companies. Soft pricing has contributed to the volatility of the insurance industry, particularly in the workers' compensation, general liability and property liability sectors. Merger and acquisition activity is expected to increase as insurers move to diversify distribution. Building public awareness of the industry is essential to the industry's livelihood.

Insurance, Insurance Carriers and Related Activities, INSURANCE CARRIERS

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Shakeouts don't happen overnight

Article Abstract:

Property/casualty insurers must alter their underwriting and pricing standards to survive in the highly competitive market. As merger and acquisition activity increases, insurers will need to remain focused on long-term viability to survive. Insurers and insurance groups will continue to restructure to adapt to industry changes.

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