Market News
Insurers Seek Out Differentiating Capabilities with Advanced Analytics
Technology advances in the form of advanced analytics are enabling property and casualty insurers to unlock new frontiers in risk assessment and mitigation, according to Swiss Re's latest sigma report. Read More
Leane Rafalko Offers an Insider's Perspective on North Carolina Captives
Leane A. Rafalko, chief captive analyst for the North Carolina Department of Insurance, Captive Insurance Companies Division, discusses a wide range of issues, including the growth of North Carolina as a captive domicile, changes state lawmakers have made to North Carolina's captive statute, and the future of captive growth. Read More
Crumbling Foundations Captive Superintendent To Step Down
Michael Maglaras, principal of Michael Maglaras & Company, recently announced that he will step down in October as superintendent of the Connecticut Foundation Solutions Indemnity Company, Inc., the captive insurance company charged with providing financial assistance to homeowners affected by the crumbling foundations natural disaster. Read More
Insured Catastrophe Losses $19 Billion First Half of 2019
Insured losses from natural catastrophes and man-made disasters in the first half of 2019 totaled $19 billion, according to Swiss Re Institute's preliminary sigma estimates. Read More
Global Insurance Industry Views Technology Modernization as Threat
The urgent need for business and technology modernization poses the greatest threat to the global insurance industry, according to The Insurance Banana Skins report, published by the Centre for the Study of Financial Innovation in association with PwC. Read More