Market News
New Structures, Technology, Captives May Help Cover Intangible Assets
Though intangible assets are becoming an ever-growing part of many companies' value, there are significant disconnects between the way many organizations approach coverage of their tangible and intangible assets. Addressing those growing exposures could be a function of parametric coverage designs, new technology, and captive insurance structures. Read More
FERMA Task Force Looks To Address Nondamage Business Interruption
The Federation of European Risk Management Associations (FERMA) has launched a task force to create proposals for addressing business interruption coverage for catastrophic risks that don't cause physical damage. The task force, which includes senior risk managers from FERMA members, plans to publish initial results by the end of May. Read More
Demotech Analysis Finds RRGs Financially Stable, Adequately Reserved
Despite political and economic uncertainty, Risk Retention Group (RRG) remain financially stable and continue to maintain adequate loss reserves while increasing written premiums, according to an analysis of RRGs' 2019 financial results by Demotech Inc. RRGs were domiciled in 20 jurisdictions in 2019, according to Demotech. Read More
Investment Volatility Is Eroding 2019 Global Reinsurance Capital Gains
Total capital dedicated to the global reinsurance industry grew 15 percent year-on-year in 2019, standing at $605 billion at the end of the year. Much of that capital growth has likely unwound thus far in 2020, however, due to the steep sell-off in the stock and corporate bond markets. Read More
Captive Insurance Uses and Risk Management Evolve Together
Captive insurance companies have evolved into tools that allow organizations to implement their risk management strategies in a much more comprehensive way, says Steven Bauman, head of global programs and captive practice in North America at AXA XL, in a new Captive Thought Leader Video. Read More