The buyer tried to renegotiate the transaction amount due to the pandemic, to no avail.

Globally, the insurance industry is well capitalized with most rated insurers covered by the A.M. Best performing well i…

Reinsurers’ financial data reporting will be affected by changes to IFRS 17, A.M. Best warns.

Ratings agency AM Best has revised its market segment outlook on Canada’s life insurance industry to negative, due to th…

AM Best’s outlook for the U.S. life/annuity market segment has been revised to negative from stable, due to financial ma…

Ratings agency AM Best has announced that it is planning to deploy pandemic-related stress testing for its rated insuran…

Blue Cross Canassurance and Blue Cross Life Insurance Company of Canada announced they will enter into a Canada-wide all…