Market News
Social Inflation: The Drumbeat Continues
We take a follow-up look at social inflation and its impact on 2020 renewal rates. Based on information from multiple sources, including Guy Carpenter and Willis, captives need to be taking action now. Read More
Utah Continues as a "Strong Player" in Captive Insurance Industry
Captive insurance company growth continues to be strong in Utah with 42 new captives licensed in 2019. Read More
Cayman Maintains Its Prominence with Strong Captive Licensing Activity
Medical malpractice continues to be the biggest risk insured or reinsured by Cayman Islands-licensed captives, according to recent statistics released by the Cayman Islands Monetary Authority. Read More
2019 InsurTech Investment Achieves All-Time High
Total new worldwide funding commitments to the InsurTech sector in 2019 were $6.37 billion, 33.9 percent of the historical total, following a record-breaking $1.99 billion of investment in 75 projects during Q4 2019, according to Willis Towers Watson. Read More
Sigma: How Digitalization Will Transform Insurance Relationships
In its latest "Sigma Report" Swiss Re said digital transformation empowers consumers to be more informed and independent than ever before and equips insurers with the tools to cater to customers' current and future needs. Read More