Market News
Reflections on the 2020 "FERMA European Risk Manager Report"
This article takes a look at some of the key findings and themes of the Federation of European Risk Management Associations (FERMA) 2020 "European Risk Manager Report." The analysis includes a look at survey findings concerning the use of captive insurance companies by European organizations. Read More
Insurance Premium Increases Continue Across Major Lines during Q2
Average insurance premium renewal rates increased across major commercial insurance lines in the second quarter of 2020, compared to the same period in 2019, according to the IVANS Index, a regular premium renewal rate index compiled by IVANS. The average workers compensation premium renewal rates remained negative, however. Read More
Using a Captive To Insure Unique Risks
While captive insurance companies are most often used to insure traditional exposures and insurance risks, they can also be used to insure just about any risk to which a parent company is exposed. Read More
Guernsey Insurance Industry Looks To Create ESG Symbol
Guernsey's insurance industry is working to develop a kitemark that would create an independently verifiable symbol of its insurance-linked securities platforms to demonstrate their environmental, social, and governance (ESG) credentials. A kitemark is a recognizable mark that designates that a product or service has met standards for quality or safety. Read More
COVID-19 Pandemic May Accelerate Risk Management Trends
A recent survey of European risk managers reveals that risk management trends, such as digital transformation and the use of captive insurance, may be accelerated by the COVID-19 pandemic, some believe. The Federation of European Risk Management Associations "2020 European Risk Manager Report" collected data from 764 risk managers. Read More