Market News
Bermuda Accounted for 63 Percent of ILS Issued during First Quarter
According to Bermuda Monetary Authority's "Bermuda Insurance-Linked Securities (ILS) Market Report" for the first quarter of 2018, the island remained the leading jurisdiction for ILS issuance, representing 75 percent of the global outstanding ILS capacity at the end of the quarter ($24.8 of $33.3 billion total global capacity). Read More
Marsh and IBM To Use Blockchain Proof of Insurance through Salesforce
Marsh is expanding its collaboration with IBM to provide clients with wider access to the industry's first commercial blockchain solution for proof of insurance. Read More
Excess and Surplus Lines Market Poised To Make Underwriting Profit
Modest recovery is expected to continue for the US excess and surplus lines insurance market, which will provide a boost for US property-casualty insurance companies that have significant operations in this specialty segment. Read More
New Middle-Market Group Captive Insurance Company Launched
Ohio-based Hylant Group Inc. has formed a new Tennessee-domiciled group captive insurance company for middle-market businesses. Read More
New Group Formed To Help Captive Insurer and Reinsurer Profitability
The newest AON Reinsurance Solutions advisory team will provide capital optimization services for re/insurers, Lloyd's syndicates, and captive insurers. Read More