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P&C Industry Well Positioned to weather the Pandemic

May 26, 2020 10:29 AM | Deleted user

Last week, Boenning & Scattergood Investment Banking Group hosted a conference call with Stefan Holzberger, Chief Rating Officer of A.M. Best Company, to discuss the rating agency’s latest thoughts on the COVID-19 pandemic and its impact on the insurance industry. A.M. Best has been gathering information from all of its rated insurance companies and is stress-testing each company’s capital and liquidity. Bottom line – with the exception of a minority of companies, A.M. Best believes the P&C insurance industry is well-positioned to weather the storm – the rating agency expects few rating changes in the sector.  Read the full article here:  http://www.boenninginc.com/wp-content/uploads/InvestmentBanking/Insurance/AM-Best-Update-on-COVID-19.pdf?utm_medium=email&utm_campaign=PC%20Insurance%20Industry%20Report&utm_content=PC%20Insurance%20Industry%20Report+CID_540125902eab383e14f7a8f46ee40782&utm_source=Email%20marketing%20software&utm_term=View%20Full%20Report


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