Market News

Dedicated reinsurance capacity increased to $568 billion in 2021, though that capacity growth might not continue, according to A.M. Best. Last year's growth in reinsurance capacity was driven by an increase of nearly 11 percent from traditional reinsurance capacity providers. Read More

In a recent market bulletin, Lloyd's of London has set out requirements for state-backed cyber-attack exclusions in stand-alone cyber-risk insurance policies. The bulletin said that it's important that Lloyd's has confidence that syndicates are managing their exposures to liabilities arising from war and state-backed cyber attacks. Read More

Captive insurance can help the healthcare industry address the threats to its profitability and viability posed by a chaotic insurance market. Since the 1970s, healthcare providers have turned to captives to address unexpected liability claims and large increases in the cost of commercial insurance. Read More

The property and casualty (P&C) insurance industry's combined ratio for 2022 is expected to worsen 1.2 points from 2021's level to 100.7 percent, according to the latest projections from the Insurance Information Institute and Milliman. The change is being driven largely by deterioration in the personal auto line. Read More

The pace of premium increases continued to moderate in the second quarter of this year, though the April-through-June period still marked the 19th consecutive quarter of rising premiums, according to the Council of Insurance Agents and Brokers (CIAB). Read More