AM Best Adds Weight Behind Pandemic Backstop Proposals

AM Best on stress testing

Rating agency AM Best has become the latest industry body to voice support for tackling future pandemic risk through public-private partnership. In a new report, analysts noted that insurers are likely to face significant reserve uncertainty arising from the current accident year due to the challenge of estimating COVID-19 losses. Social inflation, combined with lawsuits… Continue reading AM Best Adds Weight Behind Pandemic Backstop Proposals