AM Best Audio Podcast

AM Best Associate Director David Blades and Senior Industry Analyst Chris Graham discuss a new report on the U.S. commercial auto insurance segment, which experienced a $5 billion net underwriting loss in 2023 and worsening conditions in early 2024.

Michael Wakefield, EVP, CAC Specialty, discusses how rising M&A activity is impacting pricing, coverage and new insurance solutions, including warranties, tax, and contingent risk insurance.

Michael Parcelli, senior vice president, Xceedance, said the flexible nature of managing general agents allows them to embrace technology, which is now an essential ingredient to remaining competitive. Parcelli spoke with AM Best TV at Target Markets' 24th Annual Summit, held in Scottsdale.

Mick Moloney, partner, Oliver Wyman, cited the growing influence of private capital and the evolution of asset management-led insurance models. Moloney spoke with AM Best TV at the Global Insurance Forum in Miami.

Dr. Mathilde Jakobsen and Tim Prince, both of AM Best, said the reinsurance sector has maintained a positive outlook, upgraded from stable earlier in the year, primarily driven by performance. Both spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

Mark Garrett director of insurance industry analytics, JD Power, discusses the growing focus on digital enhancements in the insurance industry, particularly in claims processing.

Louisiana Insurance Commissioner Tim Temple highlighted four key property insurance reforms passed in his first regular session. Temple spoke with AM Best TV at the Joint Industry Forum 2024 in Miami.

Joshua Landau, president, International Insurance Society, said data is an increasingly valuable currency in the industry as companies seek to build larger datasets to support analytical capabilities. Landau spoke with AM Best TV at the Global Insurance Forum in Miami.

Greg Carter, managing director, analytics, EMEA & Asia Pacific, said national scale ratings in markets including India, Indonesia, Philippines, and Vietnam, aim to better differentiate between companies within specific territories. Carter spoke with AM Best TV at the 20th Singapore International Reinsurance Conference.

Jess Fung, managing director and North American cyber analytics lead at Guy Carpenter, and Emma Ye, At-Bay vice president of risk, discuss a joint research report that explores the limitations of cyber catastrophe modeling for small- and medium-size businesses.