For the third quarter of 2025, the industry average CCR was 94.4%, an improvement from 99% in the third quarter of 2024.

Ronnie Tan explains the impact of interest rates, financial reporting changes, and how life insurance companies work ...

Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards. The Best’s Market Segment Report, ...

AxiomSL has launched a new solution to address International Financial Reporting Standards (IFRS) 17 requirements. AxiomSL’s IFRS 17 solution provides automation with data management, reconciliation ...

Following more than a year of (re)insurers reporting under the new standard, and with the benefit provided by a full annual cycle of rating analysis, AM Best recently published a FAQ to provide ...

Operating profit after tax rose 29% year-on-year. FWD Group recorded a net profit of $24m for fiscal year 2024 (FY 2024), marking its first profit under International Financial Reporting Standard ...

BEST’S MARKET SEGMENT REPORT: SWISS RE’S ADOPTION OF IFRS 17 SHUFFLES THE TOP TIER IN AM BEST’S “WORLD’S 50 LARGEST REINSURERS” RANKINGS Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop ...

Swiss Re's adoption of IFRS 17 has resulted in some shifts atop AM Best's rankings of the world's largest reinsurers, which differ based on accounting standards. The Best's Market Segment Report, ...

The figure for Berkshire Hathaway in the fourth paragraph should read: USD 26.9 billion (instead of USD 26.9 million). The updated release reads: BEST'S MARKET SEGMENT REPORT: SWISS RE'S ADOPTION OF ...