Market News
Nearly All Commercial Lines Saw Premium Increases Again in August
All commercial insurance lines except workers compensation experienced year-over-year increases in average premium renewal rate in August, according to the IVANS Index. Businessowners policy (BOP) and commercial property continue to see the highest premium renewal rate increases year over year, IVANS reported. Read More
Surplus Lines Insurers Wrote Record $82.6 Billion in Premiums in 2021
Total US surplus lines direct premiums written reached a record $82.6 billion in 2021, according to a new report from A.M. Best. The surplus lines industry’s momentum has continued thus far in 2022, the rating agency said. It was the US surplus lines market's largest year-over-year premium growth since 2003. Read More
September "CICR" Explores Recession and Captive Insurance
Don't miss the September issue of "Captive Insurance Company Reports" ("CICR"), in which captive insurance leaders comment on how the captive insurance industry might be affected by a recession. Read More
Labor Day Observance
In observance of the Labor Day holiday, we will not publish new content on Captive.com and we will not send the "Captive Wire" newsletter on Monday, September 5. Read More
Property-Casualty Industry Reserves Were Largely Unchanged in 2021
An annual study of the property-casualty insurance industry's loss reserves found little change in the industry's overall reserve position from 2020 to 2021. However, the study by Conning did find changes in reserve levels by lines of business. Read More