Market News
Lower Reinsurance Costs Create Opportunities and Risks for P&C Insurers
Kroll Bond Rating Agency (KBRA) examines how lower property-catastrophe reinsurance prices could improve property-casualty (P&C) insurer earnings, capital generation, and access to protection. However, credit benefits depend on management decisions, including whether savings strengthen capital and coverage or support aggressive growth, higher retentions, weaker pricing discipline, or increased shareholder distributions in the softer reinsurance market. Read More
Building Sustainable MGA Programs Through Captive Insurance
Anne Marie Towle and Alex Gedge of Hylant examine how captive insurance can support managing general agent (MGA) program business. They discuss fronting relationships, risk participation, underwriting discipline, capital adequacy, board oversight, and performance monitoring as programs grow, along with the importance of keeping the captive aligned with the MGA's long-term strategy. Read More
US Commercial Insurance Price Growth Slows to 0.5 Percent
US commercial insurance prices rose just 0.5 percent in the second quarter of 2026, according to Willis Towers Watson. Most lines recorded increases, although pricing moderated broadly. Commercial property posted the largest decrease, while excess and umbrella liability had the largest increases. Large accounts recorded their first price decline since 2017. Read More
Latin American Reinsurance Market Sustains Growth in Soft Cycle
Latin America's reinsurance market continues to grow despite prolonged soft conditions, according to AM Best. Abundant capacity is helping insurers strengthen catastrophe protection, while casualty, specialty, life, and health reinsurance expand. Brazil remains a key market as insurers increasingly cede premiums offshore amid an evolving regulatory environment and economic uncertainty. Read More
VCIA Opens Annual Captive Insurance Benchmarking Survey
The Vermont Captive Insurance Association (VCIA) is seeking industry feedback through the "VCIA Annual Benchmarking Survey." Developed with Vermont regulatory and economic development officials, the survey examines trends, challenges, and opportunities affecting captive insurance. Responses will help inform regulatory support, economic development initiatives, VCIA advocacy, education, and member programming for the industry. Read More