Market News
April "CICR" Looks at Parametric Risk Transfer in Vermont
Don't miss the April issue of "Captive Insurance Company Reports" ("CICR"), in which Dr. Marcus Schmalbach, CEO of RYSKEX GmbH, offers insight into Vermont legislation that will allow captives to accept or transfer risks using parametric triggers. Dr. Schmalbach's article takes a closer look at the background and implications. Read More
Russia-Ukraine Conflict Adds to Reinsurers' Challenges as 2022 Begins
While the Russia-Ukraine conflict will add uncertainty and increase earnings volatility in global reinsurers' specialty lines, the direct exposure to those reinsurers' assets is minimal, according to S&P Global Ratings. The conflict is, however, one more factor contributing to a challenging start to 2022 for global reinsurers. Read More
Property-Casualty Insurers Poised for Improved Underwriting Profits
North American property-casualty insurance companies are positioned for improved underwriting profits in 2022 due to continued commercial lines pricing trends favorable to insurers and likely stabilization of their personal auto business, according to Fitch Ratings. Read More
Improving Economies, Higher Prices Fuel 2021 Premium Growth
Insurers and reinsurers tracked by Gallagher Re showed an average 8 percent premium growth in 2021 and 11 percent in the year's fourth quarter. Gallagher Re said that premium growth was fueled primarily by global economic improvement and favorable pricing, particularly for commercial lines. Read More
Strategic Risk Solutions Reports Growth in Entities Managed in 2021
Strategic Risk Solutions (SRS), the world's largest independent insurance company manager, experienced 12.5 percent growth in the number of entities it manages across all its regions and businesses during 2021. SRS reported that it had 427 total captive insurance companies and 472 cells under management at the end of 2021. Read More