Market News
Reputational Risk a Growing Threat to Organizations' Value
A new report from Lloyd's suggests that a massive amount of corporate value is exposed to reputational risks, with any major adverse event affecting an organization potentially causing reputational damage. Corporate brand and reputation account for 25.3 percent of the market capitalization of the world's leading equity market indexes. Read More
A Case for Captive Insurance
Single-parent captive insurance companies play a vital role in reducing their parents' cost of risk, benefiting businesses and their stakeholders. The effort to address pandemic-related business interruption losses offers another opportunity for captive insurance companies to prove their merit. Read More
Corporations Turn to Captives for D&O Coverage in Volatile Market
Captive insurance is an appealing option for providing directors and officers (D&O) insurance as corporations tackle rising premiums and reduced capacity. In a Global Captive Podcast episode, Beth Thurston, head of the Marsh UK Management Liability Practice, said using D&O in captives is a frequent topic of client conversations. Read More
North Carolina Commissioner Vows Support for Captive Insurance
North Carolina Insurance Commissioner Mike Causey says he intends to work with both state legislators and the state's captive insurance industry to further enhance North Carolina's status as a top domicile. Mr. Causey was recently reelected to a second term as insurance commissioner. Read More
Insurance-Linked Securities Market Demonstrates Resilience: Survey
The insurance-linked securities (ILS) market has demonstrated resilience despite a number of significant tests over the past 3 years, a new report suggests. More than half of reinsurance and insurance companies now use ILS capacity, according to the Willis Towers Watson report. Read More