Market News
Risk Retention Groups Offer Healthy Risk Control for Healthcare Organizations
Risk retention groups (RRGs) allow healthcare organizations to collaboratively manage liability risk, improve claims outcomes, and control insurance costs. Formed under the Liability Risk Retention Act, RRGs offer stability, tailored coverage, and access to reinsurance, while incentivizing strong risk management and member compliance despite initial capitalization requirements. Learn More
Rise in Reciprocal Insurers Fills Gaps in Catastrophe Markets
A surge in reciprocal insurance exchanges is addressing gaps in catastrophe-prone homeowners markets. These member-owned models offer control and flexibility amid insurer withdrawals. An AM Best report highlights their growth, capital structures, and performance metrics, noting their increasing role in coastal coverage and reliance on surplus notes during early operations. Learn More
November CICR Explores VCIA Legacy, Future
In the latest issue of "Captive Insurance Company Reports" ("CICR"), readers can explore the long-standing impact of the Vermont Captive Insurance Association (VCIA) and its role in shaping evolving captive insurance strategies. The article highlights governance lessons, program trends, and how associations can drive the next generation of captive growth and innovation. Read More
Florida's Captive Insurance Market Gains Momentum with New Industry Association
Florida has established the Florida Captive Insurance Association to advance captive insurance in the state. The association plans to advocate for updated regulations, engage lawmakers, and expand awareness of self-insurance solutions. With rising property and reinsurance pressures, the launch aims to position Florida as a more competitive captive domicile. Read More
Munich Re Sees Elevated Nat Cat Losses and Growing European Reinsurance Demand
Munich Re reported rising natural catastrophe exposures, sustained European reinsurance demand, and continued cyber-insurance gaps. The company referenced inflation, geopolitical volatility, and US litigation risks affecting international programs. The findings reflect climate-driven losses, evolving liability concerns, and capital trends in the European and global reinsurance markets. Read More
WTW Highlights Interconnected AI, Cyber, and Climate Risks in Emerging Risk Study
WTW's analysis highlights gaps in organizational artificial intelligence (AI) risk management, noting fragmented definitions and overlooked interdependencies with cyber and climate exposures. The article draws on survey results showing rising AI concerns, escalating data-breach costs, and board-level knowledge gaps, underscoring the need for integrated, enterprise-wide governance frameworks. Read More
Insurers Focus on Inflation, Private Markets, and Technology in 2025
BlackRock's 2025 Global Insurance Report shows insurers preparing for ongoing inflation and market uncertainty. Most are holding risk steady while gradually increasing private market allocations. Firms are also shifting to hybrid investment models, investing more in technology and artificial intelligence, and continuing to support long-term sustainability goals across portfolios. Read More