Published: Fri 19 Nov 2021

Golden Bear ratings placed under review after casualty reserve development

California-based Golden Bear Insurance Company has seen its A (Excellent) AM Best financial strength rating placed under review with negative implications.

AM Best

Casualty

Rating actions

Published: Fri 19 Nov 2021

Upgrades outweigh downgrades across Asia Pacific in latest AM Best study

Auto-Owners FSR cut to A+ as private passenger claims rates inflate

Global reinsurers’ RoE hiked to 22% in 2023, Milton losses unlikely to soften market

Golden Bear ratings placed under review after casualty reserve development

Want to read this article?

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

Ricky Lamey

Business development executive

Related articles:

Upgrades outweigh downgrades across Asia Pacific in latest AM Best study

Auto-Owners FSR cut to A+ as private passenger claims rates inflate

Global reinsurers’ RoE hiked to 22% in 2023, Milton losses unlikely to soften market

AM Best: Canada’s P&C outlook remains stable despite C$3.1bn 2023 cat losses

AM Best: US residual market policy count up 98% since 2018

AM Best: South Carolina Farm Bureau’s Helene losses expected to blow through retention

Read more:

Gallagher acquires Michigan-based family-owned agency Peabody

Hub acquires Canada-based Global Ag Risk Solutions

CITA and Ascot launch nationwide E&O program for real estate

AIG’s Zaffino: Lexington new business submissions up 35% with casualty rates +16%

How the US presidential election will impact the insurance industry

Cyber Monitoring Centre teams up with British Chambers of Commerce for cyber threat data