Market News
Cyber Insurance Market Remains Untested Amid Slowing Growth
The cyber insurance market remains a source of growth for US property-casualty insurers; however, that growth is slowing, according to Fitch Ratings. The industry's total direct written cyber premiums grew 8 percent in 2018 to $2 billion, down from 37 percent growth in 2017. Read More
KBRA Affirms Watford Holdings Rating
Kroll Bond Rating Agency (KBRA) has affirmed the insurance financial strength ratings of A for the operating subsidiaries of Watford Holdings Ltd. Read More
A.M. Best Reviews the Cost of Capital through the Cycle
According to A.M. Best, an insurance company's ability to access and raise capital and the potential costs of raising capital, especially during times of stress, are important considerations in the ratings process. Read More
Marsh Finds Continued Increase of Third-party Coverage in Captives
Companies in the financial institutions industry have by far the highest percentage of captives of any industry according to a new Marsh report that looked at trends among 1,100 captives managed by Marsh Captive Solutions globally. Read More
Swiss Re Issues Latest Catastrophe Bond under Singapore ILS Regime
Swiss Re Capital Markets recently issued its first catastrophe bond under the new insurance-linked security (ILS) regulatory regime in Singapore. Read More