Industry News

  Global Captive Podcast

Global Captive Podcast Partners with

Visitors to can now listen to the Global Captive Podcast without leaving the website.
December 10, 2019 Read More
  An increasing circular bar graph with an arrow bouncing up it resting on financial papers

US Commercial Insurance Prices Maintain Upward Path

US commercial insurance prices accelerated as the aggregate price change reported by insurers exceeded 4 percent year over year, according to Willis Towers Watson.
December 10, 2019 Read More
  Stability Inscription SF

AM Best: Global Reinsurance Market Outlook Stable

AM Best has maintained a market segment outlook of stable on the global reinsurance industry for 2020, citing a variety of factors.
December 09, 2019 Read More
  Man Holding Star Award

Strategic Risk Solutions Oversees 14 Captive Scholarships in 2019

Strategic Risk Solutions recently announced the final two collegiate captive scholar program scholarship recipients for 2019.
December 05, 2019 Read More
  Captive Globe-SF

December "CICR" Focuses on Captive Governance

Don't miss the December issue of "Captive Insurance Company Reports" ("CICR") with a focus on captive governance and setting the foundation for management.
December 04, 2019 Read More
  Number One-SF

UnitedHealth Group and AXA Ranked as World's Largest Insurers

UnitedHealth Group Incorporated occupied the top spot in A.M. Best's ranking of the world's 25 largest insurance companies for a fifth straight year. A.M. Best said, overall, the annual rankings saw some movement at the top.
December 03, 2019 Read More
  Artificial Intelligence Brain 480x377

FERMA Delves into Artificial Intelligence and Risk Management

The Federation of European Risk Management Association (FERMA) recently released a paper titled "Artificial Intelligence Applied to Risk Management" that explores the implications of artificial intelligence for risk management.
December 02, 2019 Read More
  An increasing circular bar graph with an arrow bouncing up it resting on financial papers

RAA Reports Improved US Reinsurer Combined Ratio Year over Year

The latest Reinsurance Association of America (RAA) survey reveals that a group of US property and casualty reinsurers show improved operating results year over year.
November 26, 2019 Read More
  An arrow curving into an upward curve with a percent sign on top

US P&C Industry Results Show 13 Percent Underwriting Income Increase

The US property and casualty (P&C) industry’s net underwriting income improved in the first 9 months of 2019 by 13 percent compared with the same prior-year period.
November 26, 2019 Read More
  Stability in Change-SF

European Captives Show Robust Underwriting Performance

AM Best's European captive ratings have been stable through the past year, with all the ratings affirmed and stable outlooks maintained.
November 25, 2019 Read More
  Panorama of Paris

Willis Re Securities Completes €120 Million ILS Cat Bond for Covéa

Willis Re Securities has structured and placed €120 million of insurance-linked securities (ILS) to provide reinsurance capacity for Covéa Mutual Insurance Group.
November 22, 2019 Read More

John Talley To Speak at 2020 IRMI Agribusiness Conference

John Talley, captive program manager with the Missouri Department of Commerce and Insurance, will join the International Risk Management Institute, Inc. (IRMI), Agribusiness Conference to discuss captive insurance in agriculture.
November 22, 2019 Read More
  Mergers and Acquisitions

Artex Acquires Dallas-Based EWI Re

Artex Risk Solutions has acquired Dallas-based EWI Re, Inc. Terms of the transaction were not disclosed.
November 21, 2019 Read More
  ERIC_Captive Social Graphic_480x377_Captive

Registration Open for the 2020 IRMI Energy Risk & Insurance Conference

Risk managers and insurance professionals serving the energy industry can register now for the 2020 IRMI Energy Risk & Insurance Conference.
November 21, 2019 Read More
  Innovation Spelled in Cubes-SF

AXA XL Launches a "Co-creation" Risk Innovation Incubator

AXA XL Insurance recently launched Cube, a risk innovation incubator. Cube is the first program of its kind, according to AXA XL.
November 20, 2019 Read More
  acquisition 480x377

Artex Strengthens ILS Operations with Horseshoe Purchase

In an effort to strengthen its insurance-linked securities (ILS) operations, Artex Risk Solutions has purchased Horseshoe Insurance Services Holdings Ltd.
November 19, 2019 Read More
  Money and an Hourglass

US P&C Insurance Companies Replacing Higher-Cost Debt

US property and casualty (P&C) insurance and reinsurance companies are using low interest rates to extend their debt maturity profiles and replace higher-cost debt with often significantly lower-cost alternatives, according to AM Best.
November 18, 2019 Read More
  2020 Upward Trend Shown with Red Marker on Line Drawn Graph

WTW Seeing Biggest Upward Price Shift in Years

North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according to Willis Towers Watson's "2020 Insurance Marketplace Realities."
November 15, 2019 Read More
  Asia Pacific

US/China Trade Conflict Poses the Top Risk to Global Growth

Insurance markets continue to support resilience, with global premiums forecast to increase by 3 percent annually in real terms in 2020 and 2021, despite a slowing world economy, according to the latest Swiss Re sigma, "Sustaining resilience amid slowing growth: global economic and insurance market outlook 2020/21."
November 14, 2019 Read More
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Market Continues To Firm in Most Regions of the Globe

According to Marsh's "Global Insurance Market Index," the third quarter of 2019 signifies the eighth consecutive quarter of global commercial insurance pricing increases.
November 12, 2019 Read More