Market News
Commercial Lines Month-over-Month Premium Changes Mixed in November
While all major commercial insurance lines experienced year-over-year increases in average premium renewal rate in November, the month-over-month picture was mixed, according to the IVANS Index, a regular premium renewal rate index compiled by the Ivans insurance exchange service. Read More
Report Advises Insurers To Find Captive Collaboration Opportunities
While the continued growth of captive insurance could be viewed as competition by the traditional commercial insurance market, there are in fact opportunities to be had for insurers that find ways to collaborate with captives, a new report suggests. Read More
A.M. Best Maintains Stable Outlook on US Commercial Lines Segment
A.M. Best is maintaining its stable market outlook for the US commercial insurance lines segment for 2024. The rating agency said its stable outlook is due in part to the US commercial lines segment's persistently strong underwriting results throughout the pandemic and amid significant economic and capital markets volatility. Read More
Guernsey Incorporated Cell at Core of Pension Risk Transfer Deal
A Guernsey-based incorporated cell is being used to reinsure the MMC UK Pension Fund in a £2 billion longevity risk transfer. Fission Gamma, a new Guernsey-based incorporated cell, was created to insure the longevity risk of the fund and to reinsure this risk with reinsurer Munich Re. Read More
December "CICR" Reflects on Captive Industry in 2023
Don't miss the December issue of "Captive Insurance Company Reports" ("CICR"), which reflects on the value and importance of captive insurance over the past 12 months. Read More