Top Insights from Best’s Review: 2024’s Most Popular Insurance Articles Revealed

Best’s Review highlights the top articles of 2024, covering key insurance topics like global brokers, private equity in DUAEs, parametric insurance, and secondary peril impacts.

Over the past year, readers of Best’s Review have gravitated towards several pivotal topics that shape the insurance landscape.

Here’s a look at some of the standout articles:

Top Global Insurance Brokers

First up is “Top Global Insurance Brokers – 2024 Edition,” which provides an in-depth exploration of the world’s leading 20 insurance brokerage firms.

These firms are ranked based on their total revenue from 2023, offering a fascinating glimpse into the industry’s giants.

Private Equity and DUAEs

Another highlight is “Private Equity Investing in the DUAE Market: Strategies for Liquidity and Growth.” This article dives into the attractive opportunities within Diversity Underwriting and Alternative Entities (DUAEs).

It thoughtfully discusses both the promising prospects and the potential pitfalls of these investments, examining their impacts on global financial markets.

Innovative Risk Management

In “Parametric Insurance Contracts: Addressing Complex Risks,” the piece sheds light on the benefits of parametric insurance, especially in scenarios where traditional indemnity coverage becomes difficult to secure.

This innovative approach to risk management is proving to be increasingly valuable.

The article, “New Leadership at TruStage: Innovative Approaches to Customer Engagement,” features an interview with Terrance Williams, the newly appointed president and CEO of TruStage Financial Group Inc. Williams shares his vision for transforming customer relations by enhancing engagement strategies, particularly through stronger collaborations with credit unions.

Lastly, “The Rising Importance of Secondary Perils in Catastrophe Losses” scrutinizes the growing concern over secondary perils—such as floods and hail—that are becoming significant factors in catastrophe-related insurance losses.

This investigation highlights how these lesser-known risks are influencing the insurance industry more than ever before.

Best’s Review is AM Best’s monthly publication aimed at analyzing the latest trends and shifts within the insurance marketplace.

To explore the complete collection of Best’s Review articles, click here.

As a renowned provider of credit ratings, news, and data analytics tailored for the insurance sector, AM Best operates globally.

With its headquarters in the United States, the company extends its presence to over 100 countries, boasting regional offices in cities like London, Amsterdam, Dubai, Hong Kong, Singapore, and Mexico City.

Source: Ambest