Market News
Catastrophe Bond, ILS Issuance Sets 12-Month Record through September
The catastrophe bond and insurance-linked securities (ILS) market set a new record for 12-month issuance over the period ending on September 30, 2021, according to Artemis. According to data from the Artemis Deal Directory, issuance of catastrophe bonds and ILS reached $21.9 billion over the 12 months through the end of September. Read More
Report Finds Risk Retention Groups Posted Solid Second-Quarter Results
Risk retention groups are reporting very good financial results for the second quarter of 2021, according to a new report. The report by Demotech Inc. found risk retention groups' cash and invested assets rose 14 percent in the second quarter of 2021 from the second quarter of 2020. Read More
October "CICR" Looks at Parametric Risk Trading for Captives
Don't miss the October issue of "Captive Insurance Company Reports" ("CICR"), which offers a look at a new blockchain-based ecosystem that connects captive managers and the capital market using parametric tools commonly found in the insurance-linked securities market to expand reinsurance capacity. Read More
Marsh Benchmark Report Documents Continued Captive Insurance Growth
As conditions continue to tighten in the commercial insurance market, more captive insurance companies are being created, according to a newly released Marsh Captive Solutions 2021 Captive Landscape report. The report is based on Marsh Captive Solutions' annual benchmarking survey of more than 1,300 Marsh-managed captive insurance companies. Read More
Workers Compensation Profits Outperform Other Property-Casualty Lines
Workers compensation insurance continues to generate better underwriting profits than other lines of property-casualty insurance, according to a new report from A.M. Best. The report "Workers' Compensation Still Outpacing Other Lines" said that workers compensation insurers' results remained strong in 2020, despite a 10 percent decline in net premiums written. Read More