Market News
Business Leaders Are Not Focused on Cyber-Risk Issues
A new Marsh report found that a majority of board members and senior executives responsible for their organizations' cyber-risk management had less than a day in the last year to spend focused on cyber-risk issues. Read More
Global Reinsurance Outlook 2020
A Standard & Poor's global reinsurance outlook for 2020 has implications for captives. We explore some of the threats to reinsurers and how captives may also face similar issues. Read More
Crumbling Foundations Captive Prepares for Upcoming Bond Allotment
The Connecticut Bond Commission is set to approve this September's $20 million bond allotment for the Connecticut Foundation Solutions Indemnity Company, Inc., crumbling foundations captive. The $20 million allotment will allow the captive to resume its previously suspended operations, albeit on a limited basis. Read More
Pinnacle's Aaron Hillebrandt Says Actuaries Help Improve Businesses
As part of our ongoing commitment to provide thoughtful commentary concerning issues impacting captives and the broader insurance markets, we spoke with Aaron Hillebrandt, a director and consulting actuary with Pinnacle Actuarial Resources, Inc. Our interview covers the changing role of actuaries and how the Casualty Actuarial Society is providing training and education for this evolution. Read More
Change Is Quickening for the Reinsurance Industry
The abundance of capital in the reinsurance market has impacted the entire reinsurance value chain, has increased cost sensitivity, and is requiring reinsurers to find new ways of creating value for primary insurers, according to Swiss Re. Read More