OLDWICK, N.J.--(BUSINESS WIRE)--
A.M. Best Co.’s latest episode of “First Monday”, the monthly program featuring commentary by the company's leading analysts, explores the factors impacting the Canadian property/casualty and life insurance sectors; 2012 financial results of U.S. surplus lines insurers, down from 2011 thanks to Superstorm Sandy; and why the U.S. long-term care insurance industry continues to struggle. Click on http://www.ambest.com/v.asp?v=firstmonday1013 to view the video program.
The October 2013 episode of “First Monday” includes:
- Canada Insurers Adapt to Shifting Markets: Assistant Vice President Greg Williams and Senior Financial Analyst Jackie Lentz discuss how regulation and catastrophes are shaping the P/C sector; Managing Senior Financial Analyst Rich McMillan and Senior Financial Analyst Edward Kohlberg talk about the challenges life insurers are facing: http://www.ambest.com/v.asp?v=fmcanada1013
- Surplus Lines Suffer Sandy Setback: Senior Financial Analyst David Blades and Financial Analyst Kenneth Monahan say U.S. surplus lines insurers felt the impact of Superstorm Sandy in 2012, reversing a longtime trend of outpacing the overall P/C sector on underwriting performance: http://www.ambest.com/v.asp?v=fmsurpluslines1013
- Hard Times Persist in Long-Term Care Industry: Managing Senior Financial Analyst Jeffrey Lane says past underpricing is causing profitability issues today among long-term care insurers, causing many participants to exit the business: http://www.ambest.com/v.asp?v=fmlane1013
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://www.ambest.com/v.asp?v=firstmonday1013 to view the latest edition of “First Monday.” To suggest topics for A.M. Best’s analytic teams to address, send an e-mail to FirstMonday@ambest.com.
A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
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- Superstorm Sandy
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