Market News
Cat Bond Market Expands as Growth Moderates in 2026
The insurance-linked securities market is projected to grow in 2026, though at a slower pace as investors adjust to softer conditions. Record capacity, rising catastrophe (cat) risks, and increased reinsurance demand are driving activity, while diversification across perils and regions and evolving investment strategies continue to shape market expansion and resilience. Learn More
AM Best: US P&C Upgrades Outpace Downgrades in 2025
AM Best reported that US property and casualty (P&C) insurers saw rating upgrades exceed downgrades in 2025, driven by strong commercial lines performance. Despite ongoing pressures from inflation, catastrophe losses, and rising reinsurance costs, most rating actions were affirmations, reflecting overall industry stability and improved operating results. Learn More
Tennessee Reports 6th Year of Captive Insurance Growth
Tennessee reported a 6th consecutive year of captive insurance growth in 2025, adding new captives and cells while increasing premiums and risk-bearing entities. State officials credited regulatory strength and customer-focused oversight for the expansion, positioning Tennessee as a leading domicile for businesses seeking alternative risk financing solutions across industry sectors. Read More
Captive Insurance and Cyber Risk: Delaware's Approach
Delaware's captive insurance program is enabling organizations to address evolving cyber risks through flexible structures such as series captives. As commercial coverage remains costly and constrained, captives provide greater control over pricing, coverage, and risk management, while supporting emerging exposures, including systemic cyber events, artificial intelligence risks, and operational technology vulnerabilities. Read More
Milford Street Captive Highlights Litigation Strain in NYC Housing
Milford Street Captive Insurance Company released data showing affordable housing in New York City (NYC) faces disproportionately high litigation, driving significant insurance costs. The findings highlight how increased claims activity and limited insurer capacity are straining the market and reinforcing the role of captive insurance in stabilizing coverage for housing providers. Read More
VCIA Highlights Advocacy, Membership Growth, and Education in 2025 Impact Report
The Vermont Captive Insurance Association's 2025 Impact Report outlines membership growth, advocacy efforts, educational programming, and conference engagement. The report highlights VCIA's role in supporting captive insurance through policy engagement, professional education, and expanded member initiatives while reinforcing Vermont's leadership as a global captive insurance domicile. Read More
Missouri Advances Captive Insurance Program, Plans 2026 Risk Forum
Missouri's Department of Commerce and Insurance is advancing its captive insurance program in 2026 through regulatory collaboration and industry partnerships. The state and the Missouri Captive Insurance Association are developing the Mid Rivers Risk Community and hosting the Mid Rivers Risk Forum in St. Louis to address emerging risks and captive insurance trends. Read More