Market News
"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
Questions Remain over Newfound Reinsurance Underwriting Discipline
The global reinsurance market as a whole has exhibited more underwriting control as evidenced by a holding back of capacity at the midyear 2019 renewals; however, questions remain over the sustainability of this newfound discipline, according to A.M. Best. Read More
Reduced Underwriting Income for Property-Casualty Industry
According to A.M. Best, the US property-casualty industry's net underwriting income declined by 9.6 percent to $4.8 billion in the first half of 2019, compared with $5.3 billion in the same prior-year period. Read More