Market News
October "CICR" Looks at Parametric Risk Trading for Captives
Don't miss the October issue of "Captive Insurance Company Reports" ("CICR"), which offers a look at a new blockchain-based ecosystem that connects captive managers and the capital market using parametric tools commonly found in the insurance-linked securities market to expand reinsurance capacity. Read More
Marsh Benchmark Report Documents Continued Captive Insurance Growth
As conditions continue to tighten in the commercial insurance market, more captive insurance companies are being created, according to a newly released Marsh Captive Solutions 2021 Captive Landscape report. The report is based on Marsh Captive Solutions' annual benchmarking survey of more than 1,300 Marsh-managed captive insurance companies. Read More
Workers Compensation Profits Outperform Other Property-Casualty Lines
Workers compensation insurance continues to generate better underwriting profits than other lines of property-casualty insurance, according to a new report from A.M. Best. The report "Workers' Compensation Still Outpacing Other Lines" said that workers compensation insurers' results remained strong in 2020, despite a 10 percent decline in net premiums written. Read More
NAIC Report Shows US Insurance Premiums Increased 6 Percent in 2020
A new report from the National Association of Insurance Commissioners (NAIC) shows that total premiums across all lines of insurance grew 6 percent in the US in 2020. The NAIC report showed that total premium collected nationwide across all lines of business was $2.7 trillion in 2020. Read More
COVID-19 Pandemic Sharpens Many Organizations' Focus on Resilience
The 2021 Survey Report on corporate resilience from the Federation of European Risk Management Associations (FERMA) with McKinsey & Company found more than 60 percent of survey participants reporting that resilience was a top priority at their organizations or very relevant in their strategic decision-making. Read More