Market News
ILS "Alternative Capital" Has Become Mainstream
Those active in insurance-linked securities (ILS)-end investors, ILS funds, and buyers-have predominantly weathered 2017 loss activity with a view that reinsurance products backed by "alternative" capital have become mainstream, according to the latest Willis Towers Watson "Global ILS Market Survey." Read More
Demotech Releases Second Quarter 2018 Financial Analysis of RRGs
Demotech has released its "Analysis of Risk Retention Groups-Second Quarter 2018," reporting on the overall financial performance of Risk Retention Group (RRG). Demotech's senior financial analyst, Douglas Powell, has concluded that "RRGs have a great deal of financial stability and remain committed to maintaining adequate capital to handle losses." Read More
Reserve Strength Declining for US Medical Professional Liability
Fitch Ratings findings show that the US medical professional liability insurance sector experienced underwriting losses again this past year, placing more scrutiny around shrinking reserves. Read More
General Commercial Lines Hardening, According to IVANS
IVANS has announced the "IVANS Index: Premium Renewal Rate Index" third-quarter results. The results showcased an increase in premium renewal rate change across nearly all of the commercial lines of business compared to the second quarter, except for businessowners policy and workers compensation. Read More
Willis Towers Watson Enters into a Global InsurTech Partnership
Plug and Play and Willis Towers Watson have entered into a global InsurTech partnership. The agreement extends Willis Towers Watson's access to early-stage InsurTech startups across all of Plug and Play's InsurTech platforms, which include Beijing, Munich, New York, Silicon Valley, Singapore, and Tokyo. Read More