About AM Best
A global credit rating agency, news publisher, and data analytics provider specializing strictly in the insurance industry. Its financial strength ratings (FSR) serve as the benchmark standard for evaluating the creditworthiness and stability of risk carriers globally.
Latest News & Analysis
IKEA gets its reinsurer Ikano Re rated by AM Best
Credit ratings agency AM Best has assigned Switzerland-based Ikano Re AG a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent), with a stable outlook. The founding family of the global retail store brand, IKEA, is the majority owner of Ikano Re. The reinsurer provides reinsurance protection for risks […] The post IKEA gets its reinsurer Ikano Re rated by AM Best appeared first on ReinsuranceNe.ws.
AM Best Places Credit Ratings of Topa in California Under Review
AM Best placed under review the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Topa Insurance Company in Calabasas, California. The review includes subsidiary Dorchester Insurance Company Ltd. in the U.S. Virgin …
Sidecar formation continued to increase in 2025 with total reserves exceeding $90bn: AM Best
The formation of sidecars experienced a significant increase in 2025, driven by strong annuity sales in the United States, according to a new report by credit rating agency AM Best. During this period, total reserves ceded to these entities rose to over $90 billion, a sharp increase from the $55 billion recorded in 2023. Sidecars […] The post Sidecar formation continued to increase in 2025 with total reserves exceeding $90bn: AM Best appeared first on ReinsuranceNe.ws.
AM Best Revises Outlook to Positive for Louisiana Workers’ Compensation Corporation
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) of Louisiana Workers’ Compensation Corporation (LWCC), based in Baton …