Finance, Investments, and Accounting
How Do Captive Insurers Use Reinsurance?
A captive is an insurance or reinsurance company set up exclusively to insure or reinsure the risks of the group to which it belongs. A captive insurer may operate as a direct insurer or a reinsurer. Read on to find out more about how captive insurers use reinsurance. Learn More
ERM Basics for Group Captives
In this primer for how group captives can begin the enterprise risk management (ERM) process and develop the necessary expertise, we explore why the board should have an ERM committee as well as its responsibilities and charter. Learn More
Captive Insurer Boards: Roles and Governance Guide
Setting up, owning, and managing a captive insurance company is a significant undertaking. This article aims to guide individuals assuming positions on a captive board. Read More
A.M. Best: Surety Boom Propels US Growth and Profitability
The demand for surety bonds in the United States continues to increase, leading to top-line premium growth in this segment of the insurance industry. Read More
Insurers' Hedge Fund Investments Declined in Value in 2022
The value of insurers' hedge fund investments dropped 9.9 percent last year to $11.8 billion, reversing 2 years of growth in the investment class, according to a new report from A.M. Best. Property-casualty insurers saw a 10.7 percent decline in the aggregate book-adjusted/carrying value of their hedge fund investments in 2022. Read More
Captive Insurers Need To Ask Investment Managers More Meaningful Questions
Alton Cogert, president and chief executive officer of Strategic Asset Alliance, offers the four specific questions that will lead to a more meaningful and useful investment manager meeting. Read More
Investment Market Volatility Dragged Down Reinsurers' 2022 Results
Despite property and casualty (P&C) premium growth and resilient underwriting, a group of major global reinsurers saw net income and total capital fall in 2022, largely as a result of investment market downturns. In the "Aon’s Reinsurance Aggregate" report for 2022, Aon noted that the group's P&C premiums increased by 9 percent last year. Read More