AM BEST'S MONTHLY INSURANCE MAGAZINE
Best's Review
AM BEST'S MONTHLY INSURANCE MAGAZINE


Leading Insurance Companies and Executives

The July issue includes a look at the top insurers and brokers and the people who lead them.

AM Best Product Training Services: Training Services Helps Industry Professionals Master AM Best Products: Training is available for the AM Best Mobile App, Best’s Aggregates & Averages, BestESP, BestLink, Best’s State Rate Filings, the Group License Management Tool and Underwriting & Loss Control Resources.

AM Best Research: AM Best’s Global Reinsurance Report To Provide Overview Before Rendez-Vous: AM Best also plans to release a report on trends in insurers’ investment portfolios as well as a report on the captive sector.

AM Best TV & Audio: Cross-Border Unity One Key to Closing Climate-Risk Gap, FERMA Leaders Say: Professionals also discuss how independent agencies are expanding AI use and explore factors diminishing annuity growth.

AM Best’s Webinars & Briefings: Panelists To Explore Insurers’ Use of AI, Examine the Intricacies of Cyber Insurance: Professionals also discuss the state of the D&O insurance market and delve into developments in the DUAE sector.

Academic Research: Research Shows That Many Have Longtime Regret Over Life Decisions: Olivia Mitchell, professor, The Wharton School of the University of Pennsylvania, discussed research she co-authored that looks at how many people regret not having bought longevity protection or long-term care insurance to protect themselves after retirement.

Accounting Firms: Insurance Accounting Firms: Best’s Review compiled a list of U.S. insurance accounting firms based on information from insurers’ 2024 annual statement filings.

App Store: Telematics Takes a Deeper Data Dive Via Apps: Telematics is advancing in property/casualty coverage and gathering data about driving through mobile apps, Cambridge Mobile Technology’s co-founder says.

Artificial Intelligence: Expect Major Shifts, New Patterns of Insurance Distribution Amid AI Emergence: AI platforms predict an evolution toward embedded products as the customer experience gains importance and data gains prominence for distributors.

Best’s Country Risk Report: Malaysia’s MNRB To Acquire Labuan Re for $100.7 Million: Malaysia has an AM Best country risk tier rating of CRT-3, with a low level of economic risk and moderate levels of political and financial system risk.

Best’s State Rate Filings: California Workers’ Comp Rate Bureau Proposes 10.4% Pure Premium Increase: An increase in cumulative trauma claims, higher medical costs and sustained growth allocated loss-adjustment expenses are driving the need for higher rates, according to the Workers’ Compensation Insurance Rating Bureau of California.

Bookstore: Businesses Seek More-Tailored Cyber Protection as Risks Escalate: In a book that she co-edited, Constangy’s Lauren Godfrey examines how cyber insurance is evolving.

Corporate Changes: Australian Regulator To Review Zurich’s Proposed Acquisition of Beazley: Beazley shareholders have overwhelmingly approved the Lloyd’s insurer’s acquisition by Zurich, opening the way for completion later this year.

Economic Calendar: NATO Summit Convenes During Economic Pressures as US Seeks Higher Defense Spending From Allies: The meeting of NATO’s 32 leaders takes place July 7-8 in Türkiye. The United States, Mexico and Canada will meet separately to discuss their trade agreement.

Events Calendar: Growing MGAA Conference Finds New, Larger Home for 2026: Also in July, AM Best will host analytical briefings on AI and cyber insurance.

Executive Changes: Corebridge Names Interim Chief Financial Officer, Announces With Equitable Post-Merger Leadership: Chubb appoints global claims officer, Helvetia Baloise hires head of corporate communications and World Insurance welcomes new CEO.

From the Editor’s Desk: Global Brokers: Brown & Brown Breaks Into Top 5 With Acquisition; Diot-Siaci Moves Into Top 20: Best’s Review provides AM Best rankings of the largest U.S. property/casualty writers, life/health insurers and others.

Industry Research: Reports Tackle Construction, E&O Market and Workers’ Compensation: Aon showed how reinsurers support construction amid Middle East tensions, Amwins looked at continued softening in agents and brokers E&O and the NCCI released its annual state of workers’ compensation analysis.

Industry Updates: California, Michigan Consider Legislation That Would Address Homeowners Insurance Claims and Rates: California’s legislation would increase the timeline insurers must follow when canceling a policy. Michigan lawmakers would like to ban the use of any measure built around price elasticity.

Issues & Answers: Specialty Coverage: PHLY’s Underwriting Edge: Kristin Stein, VP of PHLY E&S Insurance Solutions, spoke with Best’s Review about how insurers are adapting their underwriting strategies and identifying new opportunities for growth. Following are excerpts from an interview.

Issues & Answers: Specialty Coverage: Precision Protection: Marcy Pelecky, SVP, Casualty and Professional Liability Programs, Nationwide E&S Specialty, spoke with Best’s Review about how growing risk complexity is driving demand for highly specialized insurance products. Following are excerpts from an interview.

Life Insurance: New York Life Moves Ahead With Artificial Intelligence Integration: New York Life has begun using AI in many roles and is looking to a wide rollout, said Alain Karaoglan, executive vice president and head of the company’s strategic businesses.

Preferred Influencers: Social Media Maven Aims To Prevent Tone-Deaf Posts From Insurance Execs: Digitalscouting founder and CEO Robin Kiera crafts social media videos for top insurance executives, advising them against self-sabotaging behavior online.

Preferred Podcasters: That Annuity Show Host Guides Listeners About Retirement, Financial Innovations: The podcast focuses on the core of the life and annuity space, discussing the revolutionizing of financial products, technology and distribution channels.

Preferred Publishers: Australian Insurance Publication Covers Climate, Courts, Corporations and More: John Deex, editor of Australia’s insuranceNews.com.au, says the publication’s focus helps address much of the top insurance news that mirrors issues in the United States and elsewhere in the world.

Top 200 US L/H Insurers: Top 200 US Life/Health Insurers - 2026 Edition: The top five insurers remained the same while No. 8 Athene jumped 22.1%.

Top 200 US P/C Writers: Top 200 US Property/Casualty Writers - 2026 Edition: Progressive switches places with Berkshire Hathaway among the top insurers.

Top 25 US Holding Companies: Best’s Rankings Top 25 US Holding Companies - 2026 Edition: Ranked by 2025 total assets.

Top 25 US Holding Companies: Top 25 US Holding Companies - 2026 Edition: Ranked by 2025 total assets.

Top 75 US, Canada Public Insurers: Top 75 US and Canada Public Insurers - 2026 Edition: Ranked by 2025 total revenue.

Top 75 US, Canada Public Insurers : Top 75 US and Canada Public Insurers - 2026 Edition: Ranked by 2025 total revenue.

Top Global Brokers: Top Global Insurance Brokers — 2026 Edition: Consistency was the theme in this year’s list as Marsh captured the top spot for the 16th consecutive year.

Trending: Best’s News: Top Stories Include Features on AI and How Insurers Are Responding to a Build-Out of Data Centers: Other popular stories include coverage of the race for Oklahoma insurance commissioner and a Berkshire Hathaway executive’s comments about AI.

Trending: Best’s Research: Trending Research Includes Reports on AI and Rate Changes in the Personal Auto and Homeowners Markets: Other trending research includes reports on the Florida property and medical professional liability markets.

Underwriting & Loss Control Resources: Food Poisoning Can Be Sickening Risk for Fish and Seafood Dealers, Underwriters: Best’s Underwriting Reports and Best’s Loss Control Reports provide insights into the risks and lines of coverage for fish and seafood dealers.

What AM Best Says: AM Best: P/C, Health Insurers Exceed Cost of Capital; Life Insurers Narrowly Miss: A Best’s Special Report looks at financial performance measures for the P/C and health and life annuity sectors.

World’s Largest Insurers: World’s Largest Insurance Companies - 2026 Edition: Ranked by 2024 net premiums written.

World’s Largest Insurers: World’s Largest Insurance Companies - 2026 Edition: Ranked by 2024 net nonbanking assets.