Market News

Fronting Growth Brings Added Credit Risk to P&C Market

October 2, 2026

AM Best reports continued growth in US property and casualty fronting arrangements, driven partly by managing general agents. Fronting specialists have expanded premium significantly, while relationships with unrated and unauthorized reinsurers introduce additional counterparty credit risk. Reinsurers are responding by requiring fronting insurers to retain more risk and strengthen underwriting discipline. Read More


Piko Labs Launches Reinsurance Intermediary for Captive Insurance Companies

September 30, 2026

Piko Labs AI launched Piko Re Intermediaries, a reinsurance intermediary focused on captive insurers and risk retention groups. The firm will use artificial intelligence to standardize fragmented captive risk data for reinsurers, with the goal of improving underwriting efficiency, pricing, and access to reinsurance capacity. Steve McElhiney will lead Piko Re. Read More


Swiss Re Study Finds Risks Becoming More Interconnected

September 29, 2026

Swiss Re examines how growing connections among financial, digital, natural-hazard, and socioeconomic risks could amplify systemic stress. The study highlights artificial intelligence, supply chains, critical infrastructure, and risk concentration as key areas of concern and emphasizes scenario analysis, stress testing, diversification, and risk transfer as important resilience measures. Read More


How Much Capital Does a Captive Insurance Company Need?

September 29, 2026

Capitalization is a key consideration in forming and operating a captive insurance company. Regulatory minimums are only the starting point. Risk profile, expected losses, liquidity, reinsurance, and business strategy all influence capital needs. Regular financial and actuarial reviews help ensure capitalization remains appropriate as the captive and its exposures evolve. Read More


NCCIA Names New Board Leadership Following Annual Conference

September 28, 2026

The North Carolina Captive Insurance Association (NCCIA) named Scott Bailey board chair, Jordan Mosher treasurer, and Chad Spitzer a new director following its 2026 annual conference. NCCIA President and CEO Zach Almond said conference attendance increased significantly from 2025 as the association prepares to establish priorities for the coming year. Read More