Finance, Investments, and Accounting

Insurers' Hedge Fund Investments Declined in Value in 2022

November 14, 2023

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

July 13, 2023

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

April 28, 2023

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

Surplus Lines Insurers Wrote Record $82.6 Billion in Premiums in 2021

September 8, 2022

Total US surplus lines direct premiums written reached a record $82.6 billion in 2021, according to a new report from A.M. Best. The surplus lines industry’s momentum has continued thus far in 2022, the rating agency said. It was the US surplus lines market's largest year-over-year premium growth since 2003. Read More

Property-Casualty Industry Reserves Were Largely Unchanged in 2021

September 2, 2022

An annual study of the property-casualty insurance industry's loss reserves found little change in the industry's overall reserve position from 2020 to 2021. However, the study by Conning did find changes in reserve levels by lines of business. Read More