Market News

Tennessee's captive insurance industry achieved 14 percent growth so far in 2024, with 52 new risk-bearing entities added. Strong regulatory efforts, robust service networks, and support from the Tennessee Captive Insurance Association have solidified Tennessee's position as a leading domicile for captives. Read More

AM Best's analysis of European captive insurance markets reveals growth in new domiciles like France and Italy, driven by regulatory changes and increased risk management needs. Established leaders such as Guernsey and Luxembourg remain strong, while updates to Solvency II and market challenges continue to shape the industry landscape. Read More

Don't miss the December issue of "Captive Insurance Company Reports" ("CICR"), which looks at how artificial intelligence, captives, and parametric insurance coverage are a triple threat in the fight against wildfire risk. Read More

The US property-casualty insurance industry posted a $4.1 billion net underwriting gain through the first 9 months of 2024, according to AM Best. The industry results over the year's first 3 quarters represented a significant improvement from the $32.1 billion loss it posted over the same period last year. Read More

Despite improvements in global economic conditions, business leaders across most G20 countries consider the threats of recessions, labor shortages, and inflation as among the top risks facing their organizations, according to a new report. Poverty and inequality and extreme weather events are also among the top five risk concerns. Read More