Market News
New Captive Insurance Formations Maintain Brisk Pace in 2022
With hard conditions in the traditional commercial insurance market continuing, captive insurance company formations remain very strong. Regulators in a number of domiciles see businesses continuing to turn to captive insurance as an alternative to high prices and coverage availability issues in the traditional market. Read More
An International Perspective on Developing Captive Insurers
A growing number of companies have discovered the many advantages of establishing a captive insurance company. A correctly structured and managed captive insurance structure can provide coverage when traditional insurance companies are unwilling or are demanding exorbitant premiums and can allow businesses to tailor coverage to address their specific risks. Read More
Analysis Sees Insurance Market Improving, Rate Increases Continuing
As the year's fourth quarter nears, from a buyer's perspective the commercial insurance market is in the best shape it's been for the past 3 years, according to an analysis from Lockton. But, while price increases are moderating, they are continuing and will likely remain elevated for the foreseeable future. Read More
Cowbell Cyber To Pair New Specialty Insurance Company with Captive
Cyber-insurance provider Cowbell Cyber has formed a new subsidiary, Cowbell Specialty Insurance Company, which will pair with the company's captive insurance company, Cowbell Re. The company says the move will provide it with additional flexibility and control in serving the fast-growing cyber-insurance market. Read More
Rating Agency Says Inflation Could Prompt "Deteriorating" Outlooks
Fitch Ratings has cautioned that insurance sector outlooks in several markets around the world could move to "deteriorating" if high inflation and rising interest rates persist beyond current forecasts. Fitch said that non-life sectors would typically be most exposed, especially those with a high proportion of long-tail business. Read More