Analysis of 185 (re)insurance groups rated by AM Best across Europe, the Middle East and Africa (EMEA) shows more diversified groups tend to produce consistently strong earnings. Meanwhile, emerging markets are subject to greater volatility, according to research by AM Best.
In the Best’s Market Segment Report titled, “Reviewing Best’s Credit Rating Methodology’s Impact on EMEA Ratings”, AM Best has reviewed rated companies from a benchmarking standpoint following the publication of the updated Best’s Credit Rating Methodology (BCRM) in October 2017. The building blocks of this approach are balance sheet strength, operating performance, business profile, and enterprise risk management. The types of companies rated, operating in both mature and emerging markets, are diverse and include reinsurers, insurers, mutuals, captives, credit and health insurers, takaful operators and protection and indemnity clubs.
A full complimentary copy of this report is available via the following link:
AM Best Market Segment Report: EMEA Insurance – Ratings Review
