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A M Best Company (via Public) / AM Best to Deliver Innovation-Focused Presentation at Insuretech Connect Asia

SINGAPORE - JUNE 09, 2021 02:00 PM (EDT) AM Best will deliver a presentation at Insuretech Connect Asia on the scoring results of its rated insurance entities in the Asia Pacific region, one year after the rating agency implemented a new criteria procedure on innovation. The Insuretech Connect Asia conference, a leading insurance-industry event covering innovation in the region, takes place online 16-17 June 2021, and will provide insight to insurers on how to reinvent themselves amid disruptive forces caused by emerging technologies and insurtech startups. In March 2020, AM Best formally integrated its criteria procedure, Scoring and Assessing Innovation, into its rating process, which outlines how AM Best explicitly considers an insurance company s innovation efforts. The conference briefing, Scoring and assessing innovation input & output in insurance company ratings, will focus on how insurers in the Asia Pacific region performed on their innovation efforts since implement

A M Best Company (via Public) / AM Best Affirms Credit Ratings of Scotia Insurance (Barbados) Limited

OLDWICK - JUNE 09, 2021 02:35 PM (EDT) AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a+ (Excellent) of Scotia Insurance (Barbados) Limited (Scotia Insurance) (Barbados). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Scotia Insurance s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. Scotia Insurance is primarily a life reinsurer that ultimately is owned by The Bank of Nova Scotia (Scotiabank). Scotia Insurance principally reinsurers credit insurance policies underwritten by major third-party life insurance carriers on consumer loans originated by Scotiabank s retail operations throughout Canada. The company has a long history of favorable underwriting results that have continued through 2020 despite challenges brought on from operating in the COVID-19 pandemic

AM Best Assigns Issue Credit Rating to The Travelers Companies, Inc s New Senior Unsecured Notes

AM Best Assigns Issue Credit Rating to The Travelers Companies, Inc s New Senior Unsecured Notes
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AM Best Assigns Credit Ratings to Quanta Insurance Company, Inc

AM Best Assigns Credit Ratings to Quanta Insurance Company, Inc
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AM Best Affirms Credit Ratings of Suez Canal Insurance

AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of "bb-" (Fair) of Suez Canal Insurance (SCI) (Egypt). The outlook of these Credit Ratings (ratings)

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