Market News
Premiums Increased Across Most Commercial Lines in July
The July 2025 "Ivans Index" showed year-over-year premium renewal rate increases across most commercial lines, including commercial auto, business owners policy (BOP), general liability, property, and umbrella, while workers compensation declined. Month over month, general liability, umbrella, and workers compensation saw gains, while commercial auto, BOP, and property recorded decreases in rate changes. Read More
Cayman Islands Prepares for FATF Review with Legislative Overhaul
The Cayman Islands passed two amendment bills to prepare for the 2027 Financial Action Task Force (FATF) assessment, strengthen anti–money laundering compliance, modernize nonprofit governance, and clarify tokenized investment fund regulation under its virtual asset regime, reinforcing the jurisdiction's global competitiveness and appeal as a FinTech and financial services hub. Read More
Reinsurers Meet Cost of Capital for Second Straight Year
Global reinsurers met their cost of capital for a second year in 2024, supported by stronger market discipline and risk management. AM Best reports capital efficiency improved while reinsurance rate hikes slowed into early 2025. Alternative capital and tighter underwriting standards continue to influence industry performance ahead of major market conferences. Read More
Captive Insurance Company Benchmarks: How to Know If Your Captive Is Underperforming
Benchmarking a captive insurance company requires more than reviewing the bottom line. Owners and boards should monitor reserve adequacy, retention rates, underwriting standards, governance practices, and dividend policies. These benchmarks help determine whether a captive is performing effectively or falling short of its long-term financial and strategic goals. Read More
NCCIA Board Meeting to Mark Leadership Transition and Discuss Future Conferences
The North Carolina Captive Insurance Association (NCCIA) will meet September 19, marking Tom Adams's final board meeting as CEO. Zach Almond will assume leadership with new initiatives, including a podcast and nearly sold-out 2026 conference sponsorships. The board will also review budgets and future conference locations. Read More