Video interviews discussing A.M. Best Co.'s 2013 rating outlooks
are now available at www.ambest.com/video
under the "First Monday" tab. These videos feature key A.M. Best rating
analysts explaining the rationale for each market segment outlook.
U.S. Property/Casualty, Personal Lines (Stable): Vice
President Rich Attanasio explains that while the property line has
been hampered by weather-driven volatility, the auto line, which
represents more than 60% of the segment's net premium written,
continues to record generally adequate performance and stability.
Watch the interview: http://www.ambest.com/v.asp v=fmattanasio113
U.S. Property/Casualty, Commercial Lines (Negative): Vice
President Andrew Colannino says that while this segment is seeing
some price momentum, a negative outlook remains due to competitive
market conditions, depressed investment yields, sluggish economic
growth and the segment's current loss-reserve position.
Watch the interview: http://www.ambest.com/v.asp v=fmcolannino113
U.S. Life/Annuity (Stable): Assistant Vice President
William Pargeans says life and annuity writers have been
maintaining their asset portfolios and have not taken on much more
risk in the low interest rate environment, but that negative
outlooks could increase should interest rates persists into 2014
Watch the interview: http://www.ambest.com/v.asp v=fmpargeans113
U.S. Health (Stable): Assistant Vice President Joseph
Zazzera says the industry is transitioning well into the new
health care landscape and has managed the economic downturn as
well, but that pressures will rise as the industry moves closer to
health insurance exchanges in 2014.
Watch the interview: http://www.ambest.com/v.asp v=fmzazzera113
Global Reinsurance (Stable): Vice President Robert DeRose
explains that a disciplined underwriting approach has helped
reinsurers mitigate depressed investment earnings and record
Watch the interview: http://www.ambest.com/v.asp v=fmderose113
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 © 2013 by A.M. Best Company, Inc. ALL RIGHTS
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