AM Best to hold market briefing

AM Best will be holding its Insurance Market Briefing – Auckland on November 16 in the late afternoon, with the state of New Zealand’s insurance industry being the highlight of the briefing.

Senior analytical leaders from AM Best’s Oldwick, NJ and Singapore offices will provide a global market update. Kent Chaplin, CEO of Delta Insurance Group, will discuss Delegated Underwriting Authority Enterprises (DUAEs).

Other notable attendees include the following:

• Rob Curtis, CEO & managing director, market development - AM Best Asia-Pacific, Ltd.
• Victoria Ohorodnyk, director, head of analytics for Southeast Asia, Australia and New Zealand, AM Best Rating Services
• Andrea Keenan, executive vice president & chief strategy officer, AM Best Rating Services
• Yi Ding, senior financial analyst, AM Best Rating Services

In addition, AM Best’s market development team for Asia-Pacific will be attending. For more information about the conference, visit: https://web.ambest.com/about/events/attended-events/am-best-s-insurance-market-briefing---new-zealand/

Last year, AM Best introduced its Best’s Performance Assessment (PA), providing an independent opinion of a DUAE’s ability to perform services on behalf of its insurance partners. DUAEs are considered by AM Best to be an important part of the insurance value chain, with premiums having doubled globally over the last decade, it noted in a news release.

Have thoughts about this story? Leave your comments below.