Tag: reinsurance stress test

AM Best to Develop COVID-19 Stress Tests for Reinsurers

Microscopic illustration of the spreading 2019 corona virus that was discovered in Wuhan, China. The image is an artisic but scientific interpretation, with all relevant surface details of this particular virus in place, including Spike Glycoproteins, Hemagglutinin-esterase, E- and M-Proteins and Envelope.

Rating agency AM Best has revealed that it is in the process of developing stress testing that it will use to gauge the impact of the coronavirus (COVID-19) outbreak on its rated reinsurance companies. The tests will aim to measure the effect of the pandemic on reinsurers’ balance sheets, including on risk-adjusted capital levels, investment… Continue reading AM Best to Develop COVID-19 Stress Tests for Reinsurers