Market News
March "CICR" Profiles Cassatt Risk Retention Group
Don't miss the March issue of "Captive Insurance Company Reports" ("CICR"), in which William H. Black Jr., vice president and general counsel of Cassatt Risk Retention Group (RRG) Holding Company, presents a profile in excellence for his RRG. Read More
Collateralized Reinsurer, Prospero Re Ltd., Assigned "A" Rating by KBRA
Kroll Bond Rating Agency (KBRA) recently assigned an insurance financial strength rating of A to Prospero Re Ltd. The rating reflects Prospero Re's sound capitalization, seasoned management team, and collateralized reinsurance structure. Read More
Bermuda Insurance Sector Remains Resilient to Catastrophe Scenarios
The Bermuda Monetary Authority recently reviewed the Bermuda insurance sector's capacity to absorb shocks from catastrophe risk events. Read More
US Property and Casualty Insurance 2020 Outlook
In a recent Kroll Bond Rating Agency (KBRA) report, the rating agency said it believes the US property and casualty insurance sector in 2020 is stable, based on a number of expectations. Read More
AI Expected To Transform Financial Services Industry within 2 Years
A new survey released by the World Economic Forum and the Cambridge Centre for Alternative Finance (CCAF) found nearly two-thirds (64 percent) of financial services leaders expect to be mass adopters of artificial intelligence (AI) in just 2 years compared to just 16 percent doing so today. Read More