AM Best
Coverage of AM Best in the Nexus archive.
- 5 ON YOUR SIDE: Is travel insurance worth it?
Consumer Reports advises travelers to carefully review travel insurance policies before purchasing, highlighting coverage for trip disruptions like illness, disasters, and delays. Mandy Trahan’s experience in Puerto Vallarta during a cartel-related lockdown underscores the importance of understanding policy limits, especially for extended stays or medical emergencies abroad.
- Private equity pushes insurance to get risky
Private equity's investment in life insurance companies has shifted risk profiles, pushing insurers toward alternative assets and creating 'zombie insurers' at risk of failure. Anant Bhalla, former CEO of American Equity, warns this trend prioritizes high-risk investments over traditional bonds, with AM Best data showing higher returns but increased risk for portfolios managed by Wall Street-backed insurers.