Market News
IVANS: Commercial Lines Renewal Rates Experience Negative Changes
IVANS has announced the "IVANS Index: Premium Renewal Rate Index" January results. Month over month, January experienced a negative change in average premium renewal rate change across the majority of commercial lines. Read More
Risk Pools Have Served the Insurance Market Admirably
A new resource from the Captive Insurance Companies Association (CICA) addresses misperceptions and outlines commonly accepted practices for risk pools. Hear from CICA's board chair, Joel Chansky, about the association's latest guidance document for risk pools. Read More
Trends in Long-Term Interest Rates
The decline in interest rates, which began several decades ago, has started to reverse. For captive insurers, this is a welcome respite, as most have watched the yield on their portfolios sink on a year-over-year basis. Read More
Growth Continues in Bermuda's Captive Reinsurance Sector
New re/insurance registrations in Bermuda increased from 58 in 2017 to 75 in 2018 according to the Bermuda Monetary Authority. The growth of Bermuda's captive re/insurance sector also continued its momentum. Read More
IVANS: Commercial Lines Renewal Rates Increased Last Quarter
The "IVANS Index: Premium Renewal Rate Index" year-end 2018 results for the fourth quarter showed an increase in the premium renewal rate change average across nearly all major commercial lines compared to the third quarter; however, the workers compensation average premium renewal rate change dropped and remained in negative territory. Read More