Market News
Stop-Loss Market Grows as Employers Shift to Self-Funded Health Plans
As more US employers have shifted to self-funded health plans to contain employee benefit costs, the stop-loss insurance segment has experienced growth of more than 10 percent in each of the past 4 years, according to an A.M. Best report. Read More
February "CICR" Looks at RRG 2021 Growth
Don't miss the February issue of "Captive Insurance Company Reports" ("CICR"), which leads off with a report on how the hard commercial market played a keyrole in risk retention group (RRG) growth in 2021, "the best year for new RRG formations since 2007." Read More
Global Insurance Prices Increased for 17th Straight Quarter in Q4
Global insurance prices increased 13 percent in the 4th quarter of 2021, the 17th consecutive quarter of price increases, according to the "Global Insurance Market Index" from Marsh. Though insurance prices continued to increase during the final 3 months of last year, a trend of moderating rate increases continued. Read More
FERMA Unveils Tool for Mapping Risks Associated with Remote Working
The Federation of European Risk Management Associations (FERMA) has launched a risk management tool meant to provide a simplified guide to mapping risks associated with remote working. The tool is a simple questionnaire that can be used by organizations of any size. Read More
Premium Increases Continued Across Nearly All Lines in Fourth Quarter
Nearly all major commercial insurance lines showed increases in year-over-year premium renewal rate changes during the fourth quarter of 2021, according to the IVANS Index, a regular premium renewal rate index compiled by the IVANS insurance exchange service. The average premium renewal rate change for workers compensation remained negative. Read More