Market News
Willis Re: ILS Market Slow To Return to Normal
The insurance-linked securities (ILS) market declined year-over-year in the second quarter of 2019, with just below $1.7 billion of nonlife ILS capacity issued through 11 catastrophe bonds, according to Willis Re's latest "ILS Market Update." Read More
Global Commercial Insurance Pricing Up 6 Percent
Marsh recently released its "Global Insurance Market Index," which showed that average commercial insurance prices increased 6 percent in second quarter 2019. Read More
New Reinsurance Pool for Captive Insurers Knox Re Formed
A newly launched reinsurance pool for captive insurance companies is being offered by CIC Services, LLC (CICS), for property and casualty insurance coverages. Read More
Education Is Key to Captive Insurance Company Regulation
Top captive insurance regulators Dave Provost of Vermont and Debbie Walker of North Carolina said regulators look more closely at captive insurance company business issues because captive sponsors are typically sophisticated organizations that voluntarily commit their capital. Read More
Nimble Captive Insurers Are Here To Help
According to a panel at this year's Vermont Captive Insurance Association conference, availability of insurance became an issue for some risk managers and their organizations during this year's July renewal cycle. Fortunately, nimble captive insurers were there to help. Read More