The December issue of Best’s Review focuses on insurance auditors and actuaries:

• “Top Audit and Actuarial Firms” presents exclusive rankings of independent accountants and third-party actuaries.
• “Gauging New Risks, Auditors and Actuaries Examine Technology, Judgments, COVID-19’s Aftermath” looks at the challenges that may leave insurers grappling with impacts such as premium changes.

Also included:

• “Canadian Life/Annuity Segment: Insurers Navigate Industry Challenges and an Uncertain Economy” reports on how sales growth and favorable interest rates have bolstered the performance of insurers amid their smooth transition to IFRS 17 accounting standards.
• “Standing the Test of Time: Keys to Surviving and Thriving in Business” features reflections on the lessons learned during AM Best’s long history.
• “For Some Insolvent Insurance Carriers, ‘Giving Away the Pen’ to MGAs May Have Contributed to Their Undoing” examines the issues several insurers encountered after relying too heavily on delegated underwriting authority enterprises.
• “Leading AI Platforms Explore the Risks of Distributing Via Managing General Agents” presents responses from three artificial intelligence large language models to questions about the risks for insurers that distribute through MGAs.

Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access to the complete content of Best’s Review is available here.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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