Market News
April Sees Varied Premium Renewal Trends Across Commercial Insurance Lines
The April 2025 Ivans Index reveals mixed premium renewal rate trends across commercial insurance lines. Most segments saw year-over-year increases, while workers compensation continued its downward movement. Month-over-month, rate changes varied, with some lines rising slightly and others declining, reflecting ongoing market adjustments across key coverage areas. Read More
RAA Urges Senate to Support Private Market and Disaster Resilience
The Reinsurance Association of America (RAA) urged Congress to support private insurance markets, enhance disaster mitigation funding, and maintain state regulatory authority. In Senate testimony, it opposed federal insurance expansion and advocated for resilience initiatives, tax reforms, and new coverage options to reduce the protection gap and financial risk from natural disasters. Read More
Global Captive Market Grows as US, Offshore Domiciles Compete
Captive insurance formations rose in 2024, with Vermont, Cayman, and Bermuda leading globally. Business Insurance's rankings highlight increased use of captives for property, cyber, healthcare, and climate risks. Regulatory developments in Europe and evolving market conditions continue to drive global adoption of alternative risk financing through licensed captive structures. Read More
HSBC Launches Captive Insurer in Hong Kong to Manage Regional Employee Risk
HSBC has established Wayfoong (Asia), a captive insurer in Hong Kong, to reinsure employee-benefit risks across the Asia-Pacific region. The move follows regulatory updates and supports Hong Kong's growing role in global risk management. It is the first captive insurer in the city formed by a multinational financial services firm. Read More
Podcast from Captive Resources Tackles Employer Healthcare Costs
Captive Resources launches "Captivating Health Insights," a podcast offering expert strategies on healthcare cost containment and employee well-being. Targeted at employers and industry professionals, the series explores captive insurance, self-funded plans, pharmacy benefit managers, and more. Hosted by Maddison Bezdicek, it debuts May 6 on major streaming platforms and Captive Resources' website. Read More