Market News
US Property-Casualty Performance Expected To Improve this Year
While the US property-casualty insurance industry experienced a difficult first quarter, industry return on equity should improve this year and next as a result of great underwriting and investment income, a new report from the Swiss Re Institute suggests. Read More
Captive Manager Robus Group Joins Brokerslink Network
Global insurance broking company and insurance broking network owner and manager Brokerslink has added captive and insurance management consultancy Robus Group to its network. Founded more than a decade ago and now based in Guernsey and Gibraltar, Robus offers a variety of captive management consulting services. Read More
Montana Captive Insurance Association Releases 2023 Domicile Report
The Montana Captive Insurance Association (MCIA) has released a new report that provides a wide range of details on the Montana captive domicile and how to form captives in the state, which is a major captive domicile. At the end of 2022, Montana had 268 captives. Read More
Faced with Challenging Property Market, More Buyers Look to Captives
At midyear 2023, the insurance market is essentially split into two different markets, with many property insurance buyers facing the most challenging market in 20 years, while the casualty and liability insurance market was less challenging, according to Arthur J. Gallagher & Co. Read More
Digital Insurer Lemonade Looks to Captives in Its Reinsurance Program
InsurTech Lemonade, Inc., has formed two captive insurance entities as part of its July 1 reinsurance renewal program. The digital insurer formed Lemonade Re in the Cayman Islands and a captive cell in a Bermuda transformer vehicle to retain some of its risks. Read More