Market News
Swiss Re Sigma: Emerging Asia Will Continue To Power Insurance Market
Swiss Re believes global economic growth will remain strong over the next 2 years, although it said momentum has peaked. Read More
RAA Reports Continued Improvement in US Reinsurers' Operating Results
The latest Reinsurance Association of America (RAA) survey reveals that a group of 18 US property-casualty reinsurers wrote $45.5 billion of net premiums during the 9 months ended September 30, 2018, compared to $34.2 billion for the same period in 2017. Read More
New Risk Distribution Measure Offered by Pinnacle
With the issue of risk distribution squarely in the spotlight, Pinnacle provides an actuarial response in the form of a new tool. Find out more in Pinnacle's latest peer-reviewed paper, titled "Expected Adverse Deviation (EAD) as a Measure of Risk Distribution." Read about it on Captive.com today! Read More
SOBC Services Is Now SOBC DARAG
Through its wholly owned subsidiary SOBC DARAG Holdings Ltd., DARAG Guernsey has acquired the entire share capital of SOBC Services. SOBC DARAG focuses on acquisitions, loss portfolio transfers, and other business transfers for insurance companies, captive insurance companies, and risk retention groups within the US, Bermuda, and Caribbean runoff markets. Read More
Veto Overridden on Illinois Legislation Containing Captive Provisions
Illinois lawmakers Tuesday overrode an earlier gubernatorial veto of legislation that will set new minimum capital and surplus requirements for captive insurance companies licensed in Illinois. Read More