Market News

Guernsey-based regulatory consultancy Midshore Consulting USA LLC announced the launch of a joint venture in the United States to attract more American-sourced work to the island. Read More

Guernsey's profile as a key captive insurance jurisdiction for Chinese clients continues to build as Chinese business expands into Europe. Proximity to London is a selling point, as is Guernsey's international reputation and the availability of professional services within the jurisdiction. Read More

Captive insurance company growth continues to be strong in the District of Columbia, captive regulators say. So far this year, 12 new captives have been licensed, up from 9 at the same period in 2018. Read More

Lloyd's has launched a new disaster resilience partnership with Habitat for Humanity Great Britain, as part of its ongoing response to emerging risks and the challenges they pose to communities around the world. Read More

Findings from the "2019 AON/American Society for Health Care Risk Management Hospital and Physician Professional Liability Benchmark Analysis" showed that while hospital professional liability (HPL) claims frequency has stabilized in recent years, HPL claim severity (inclusive of defense costs) is growing at a rate of 2 percent annually. Read More