Market News

Environmental, social, and governance (ESG) risk is now firmly on the agenda of most captives' boards of directors and is a double-edged sword for captives. Read More

AM Best revised its outlook for the US directors and officers (D&O) liability insurance segment to stable from negative, citing moderating rate declines and strong 2024 loss ratios. The report warns of margin pressure, rising claims severity, and evolving risks, including cyber threats, artificial intelligence, and geopolitical uncertainty. Read More

Benchmarking a captive insurance company requires more than reviewing the bottom line. Owners and boards should monitor reserve adequacy, retention rates, underwriting standards, governance practices, and dividend policies. These benchmarks help determine whether a captive is performing effectively or falling short of its long-term financial and strategic goals. Read More

Industry experts examine the regulatory, financial, and legacy liability considerations associated with dormant captive insurance companies. The article explores the risks of maintaining inactivity, the cost implications of dissolution, and the strategic benefits of reactivating a captive to address emerging risks and shifting market conditions. Read More

Spanish digital insurer Tuio has launched an application powered by artificial intelligence (AI) within ChatGPT that enables users to obtain real-time home insurance quotes through a conversational interface. Reported by "Reinsurance News," the rollout reflects growing insurer adoption of AI platforms to streamline distribution and engage consumers during digital research. Read More