Market News

While captive insurance companies are most often used to insure traditional exposures and insurance risks, they can also be used to insure just about any risk to which a parent company is exposed. Read More

Guernsey's insurance industry is working to develop a kitemark that would create an independently verifiable symbol of its insurance-linked securities platforms to demonstrate their environmental, social, and governance (ESG) credentials. A kitemark is a recognizable mark that designates that a product or service has met standards for quality or safety. Read More

A recent survey of European risk managers reveals that risk management trends, such as digital transformation and the use of captive insurance, may be accelerated by the COVID-19 pandemic, some believe. The Federation of European Risk Management Associations "2020 European Risk Manager Report" collected data from 764 risk managers. Read More

The COVID-19 pandemic could curb insurers' premium and investment growth in 2020, according to a report from the Organization for Economic Cooperation and Development (OECD). The pandemic will have various impacts on insurance companies including changing demand for policies and changes in insurers' claims experience. Read More

Any benefits US commercial insurers realize from sharp premium increases will likely be delayed by the impact of the COVID-19 pandemic and related economic fallout on underwriting results, according to Fitch Ratings. Uncertain underwriting performance resulting from the pandemic will likely extend into 2021. Read More