Market News
3 New Year's Resolutions for Captive Insurers in 2020
We recommend three New Year's resolutions your captive may want to adopt in 2020. They encompass talent, risks, and innovation. Each comes with some of our thoughts and recommendations for additional reading. Happy New Year. Read More
"Asymmetrical" Reinsurance Market in a State of Transition
Reinsurance renewals at January 1, 2020, were shaped by deteriorating loss experience, a lack of new capital inflows, and increasingly challenged environments in the primary insurance and retrocession markets. Read More
Significant Differences Seen in January Reinsurance Renewals
For the January 1, 2020, reinsurance renewal period, Willis Re found significant pricing and capacity variance across reinsurers. Read More
Cyber Premiums in Bermuda Captive Insurers Grew 53 Percent
The Bermuda Monetary Authority's recent annual report on cyber underwriting revealed that organizations using Bermuda captive insurance structures to cover cyber-risk exposures increased year-over-year. Read More
Protected Cell Captive Insurer Formed by W.R. Berkley in North Carolina
The North Carolina Department of Insurance recently licensed Oak Harbor Reinsurance Company, a protected cell captive insurance company formed by W.R. Berkley Corporation. Read More