Market News
Swiss Re Issues Latest Catastrophe Bond under Singapore ILS Regime
Swiss Re Capital Markets recently issued its first catastrophe bond under the new insurance-linked security (ILS) regulatory regime in Singapore. Read More
Implications of Artificial Intelligence and Robots for Insurers
According to two recent Lloyd's reports, as the world becomes increasingly automated, forcing underwriters to adapt and navigate a new risk environment, insurers are leveraging the potential of artificial intelligence to remain competitive, improve processes, and increase efficiency. Read More
TRIPRA Remains Vital to US Terrorism Market and Captives
Marsh's "2019 Terrorism Risk Insurance Report" reveals that continued stability of the US property terrorism insurance market is a point of focus as the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is set to expire in 2020. Read More
Asia-Pacific Captive Insurance Domiciles Expected To Grow
A.M. Best expects to see a significant captive formation increase in Asia-Pacific domiciles as economies grow and businesses seek new and more sophisticated ways of risk management and control, according to the rating agency's latest report, titled "Asia-Pacific Captive Domiciles Poised for Growth." Read More
Global Commercial Insurance Prices Increase 6th Consecutive Quarter
Marsh recently released its "Global Insurance Market Index," which showed that average commercial insurance prices increased 3 percent in first-quarter 2019, the largest increase since the survey began in 2012. Read More