Market News
Global Reinsurance Sector's Trajectory Is Stable
Total capital dedicated to the global reinsurance industry was $559 billion midyear 2019, according to Willis Re's latest "Reinsurance Market Report." Fitch Ratings also reports a stable 2020 outlook for the global reinsurance sector. Read More
North American P&C Sector Exhibits Steady Performance
Fitch Ratings reported that higher investment income and modestly weaker calendar-year underwriting margins kept operating performance for North American property and casualty (P&C) insurers steady during the first half of 2019. Read More
"Decrypt" Offers a New Cyber Reinsurance Solution
Swiss Re and Capsicum Re have launched a new cyber reinsurance solution called Decrypt, which includes embedded, silent, and affirmative cyber risks. Read More
Insurance Sector Less Concerned about Silent Cyber Claims
According to Willis Re, the insurance sector is considerably less concerned about silent cyber exposures than it was in 2018. The finding applies to all commercial lines of business and industry groups. Read More
General Liability Trends: Captive Insurers Beware
In this synopsis of a recent Milliman white paper exploring the deterioration in general liability claims costs and the potential impact on captive insurers, we also offer some basic suggestions to captives on how to address this problem. Read More