Market News
Reinsurers Showed Discipline at "Orderly and Rational" July 1 Renewals
July 1 reinsurance renewals saw reinsurers remaining disciplined as they looked to bring terms and conditions into line with those seen at January 1 and April 1 renewals, according to analysis of the renewal period. While new capacity entered the reinsurance market, it didn't alter reinsurers' disciplined approach. Read More
Benchmarking Report Finds Captive Growth Across Lines, Regions
Captive insurance growth continues across all lines of business and all regions, according to the latest captive benchmarking report from Marsh Captive Solutions. Marsh found that captive premium growth continued in all regions, with even mature captive markets such as Europe and the island domiciles seeing growth. Read More
MSL Enters into Captive Underwriting Agreement with Everest
MSL Captive Solutions, Inc. (MSL), an independent underwriting firm specializing in the structure and underwriting of medical stop-loss captives, is now serving as a full-service managing general underwriter for Everest Reinsurance Company. Read More
The Evolution of Captives
Captives have increasingly become rooted into the DNA of businesses around the world. They have evolved from a risk financing alternative solely for the largest corporations looking to self-insure where the traditional insurance market was insufficient to an option for companies of all types and sizes. Read More
Rating Agency Reports Growth in Size of Fronting Insurance Market
The number of fronting insurers and the amount of premium flowing through fronting arrangements has increased due to changing market conditions and growing interest from managing general agents (MGAs) and capital providers, according to A.M. Best. Read More