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Transcripts For BBCNEWS Business Today 20241005

It has come down slightly, Nudging Par 77 a barrel. To explain why markets responded so quickly on thursday, heres our economics editor, faisal islam. In the aftermath of irans ballistic Missile Attack and as we wait for news on Israels Response there has been a rise in the price and that means since the attacks it is up 10 to over 77 a barrel on the Brent Crude measure, still down on the year because of local economic concerns but the spike up economic concerns but the spike up occurred immediately after president biden added to Suggestions Israel would target Irans Oilfacilities. Reporter would you support israel striking Irans Oil facilities . Israel striking Irans Oil facilities . ,. , facilities . We are discussing that. I facilities . We are discussing that. |think facilities . We are discussing that. L think that facilities . We are discussing that. I think that would facilities . We are discussing that. I think that would be i facilities . We are discussing that. I think that w

AM Best: Number of P/C Gross Impairments Falls in 2022; No Net Impairments

Despite the reversal seen in the U.S. equity market and rising inflation and interest rates, property/casualty insurers performed well in 2022, according

Best s Special Report: Best s Impairment Rate and Rating Transition Study — 1977 to 2022

OLDWICK, N.J., November 03, 2023 AM Best’s latest special report on the long-term impairment rates of U.S.-domiciled insurance companies states that no insurers were added to the list of net impairments in 2022, meaning no companies were rated by AM Best at the time of impairment, consistent with last year’s zero net impairments. There were two insurers added to gross impairments in 2022, down from 10 carriers identified in the previous year.

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