Market News
A.M. Best's Global Reinsurance Segment Outlook Remains Negative
A new Best's Market Segment Report on the global reinsurance sector, titled "Global Reinsurance: Optimism Fizzles, It's Back to the 'New Normal,'" analyzes the state of the insurance-linked securities market following the 2017 catastrophes and also includes a top 50 ranking of the world's largest reinsurers. Read More
KBRA Reports on "Deteriorating" US-China Relations
A report from Kroll Bond Rating Agency (KBRA) discusses current global trade conflicts in the framework of the challenge to Pax Americana. According to the report, US relations with China continue to deteriorate, and a middle ground will be hard to navigate. Read More
Swiss Re Sigma: Insurance Premium Rate Increases Will Be Needed
Swiss Re said that worldwide, most major non-life insurance markets are in a phase of below-average profitability. The reinsurer's latest Sigma Report,assesses the existing earnings gap in the non-life insurance sector. The analysis shows that insurers in major western markets and Japan need to improve underwriting margins. Read More
Technology Breaking Down Re/insurance "Coverage Gap" Barriers
At the Monte Carlo International Rendez-Vous of insurance and reinsurance, Swiss Re revealed that it believes some of the current improvements in the overall market environment provide a chance for the insurance sector to embrace new market dynamics such as the increased use of digital solutions. Read More
Dot Foods Seeks DOL Approval To Fund Benefits in Its Captive Insurer
Dot Foods Inc. is the latest employer to seek federal regulatory approval to use its captive insurance company to fund employee benefit risks. In a filing with the US Department of Labor (DOL), Dot Foods says it wants to use its captive insurer to reinsure voluntary accident and critical care coverages. Read More