News Column

Best’s Journal: U.S. Medical Professional Liability Segment Strong But May Be Nearing a Crossroad

May 12, 2014



OLDWICK, N.J.--(BUSINESS WIRE)-- The U.S. medical professional liability insurance (MPLI) segment continued its run of year-over-year profitability, but future results will depend on well MPL insurers manage hurdles such as health care transitions, hospital consolidation and challenges to state tort reform, according to the centerpiece report in the latest issue of Bestís Journal. This segment review, titled ďU.S. Medical Professional Liability Segment Continued Profitable Run in 2013,Ē states that the industryís favorable results were sustained despite another year of low investment yields and declining net investment income. Bestís Journal is a biweekly publication that presents A.M. Bestís original research, analysis and commentary on the global insurance industry, available exclusively as part of a subscription to the Bestís Insurance News & Analysisservice.

Other highlights in this issue of Bestís Journal include as follows:

  • U.S. P/C Industry Posts Underwriting Profit Since 2009; Policyholdersí Surplus Sets Record: Continued growth in premiums, modest catastrophe losses and improved underwriting results helped the U.S. property/casualty industry record a record-setting 2013, according to a Bestís Special Report.
  • The State of Insurance Regulation in Latin America: This Bestís Special Report takes a country-by-country look atregulators, primary legislative authority, capital requirements and reinsurer rating requirements throughout the Latin America region.
  • Draft: Rating Surety Companies: This draft criteria report highlights some of the major categories of surety insurance written by A.M. Best-rated insurers, and describes some of the additional analysis performed beyond that of a typical P/C/ writer.
  • Recent noteworthy Bestís Credit Rating Actions, rating rationales and more.

    Bestís Journal is delivered every two weeks as a bound, printed publication and in digital format via the Bestís Insurance News & Analysis website. Each issue is an installment in a cumulative business resource that provides insight from A.M. Bestís perspective as a credit rating agency, data provider and news publisher with a unique focus on the insurance industry. Bestís Journal provides original content available only from A.M. Best.

    To learn more about Bestís Journal, watch a brief video at www.ambest.com/sales/aboutbestsjournal.html. More information about the Bestís Insurance News & Analysis subscription service is available at www.ambest.com/sales/bina/default.asp. To order, contact Customer Service at (908) 439-2200, ext. 5742 or at (800) 424-2378 when calling from the U.S. and Canada.

    A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

    Copyright © 2014 by A.M. Best Company, Inc.ALL RIGHTS RESERVED.





    A.M. Best Company

    Jim Peavy

    Assistant Vice President, Public Relations

    (908) 439-2200, ext. 5644

    james.peavy@ambest.com



    Source: A.M. Best


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    Source: Business Wire


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