A.M. Best’s Leading Analysts Explore U.S. Surplus Lines, Trade Credit Insurance and Asia-Pacific Reinsurance Sector

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co.’s latest episode of “First Monday” features commentary pertinent to the U.S. surplus lines market by A.M. Best’s leading analysts. Click on http://bit.ly/QEJYaW to view the three-part video program.

The August 2012 episode of “First Monday” includes:

  • Price Firming Seen in U.S. Surplus Lines Sector: Senior Financial Analyst David Blades says that despite overall premium declines in the most recent 5-year period, the U.S. surplus lines industry continues to outpace the traditional property/casualty industry in key performance measures.
  • Trade Credit Insurance Industry Stabilizing: Carlos Wong-Fupuy, senior director of analytics for A.M. Best Europe – Rating Services Ltd., says the trade credit insurance sector, which took a large hit in the financial crisis, and typically sees its operating performance hinge on economic conditions, are moderately rebounding.
  • Catastrophes Weigh on Asia-Pacific Reinsurers: From Hong Kong, General Manager Moungmo Lee, Senior Financial Analysts Jeff Yeung, Seewon Oh, Michael Wong and Financial Analyst Chi-Yeung Lok talk about how the catastrophe burden in the Asia-Pacific region has changed the risk appetite of reinsurers.

Each month, “First Monday” will provide A.M. Best’s point of view concerning timely topics or growing trends that are affecting (re)insurance company operations, and in some cases, the analytics behind Best’s Credit Ratings process.

Go to http://bit.ly/QEJYaW to view the latest edition of “First Monday.” The next edition of “First Monday” will premiere November 5, 2012. To suggest topics for A.M. Best’s analytic teams to address, send an e-mail to FirstMonday@ambest.com.

Founded in 1899, A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2012 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

A.M. Best Company
Jim Peavy
Assistant Vice President, Public Relations
(908) 439-2200, ext. 5644

Source: A.M. Best Company