Market News
Marsh To Roll Out Blockchain Platform for Proof of Insurance
Marsh will begin rollout of its Proof of Insurance Blockchain platform to US commercial clients to allow its clients to speed up necessary business functions while increasing coverage certainty. Read More
AON Study Reveals Progress on Global Benefits Governance
An AON study found that companies worldwide are making progress with global governance of employee benefits. The study explored key issues surrounding what companies can do to better align benefits with organizational strategy and how they can better manage the costs and risks associated with global benefits. Read More
Demotech Releases Year-End 2018 Financial Analysis of RRGs
Demotech has released its "Analysis of Risk Retention Groups-Year-End 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
DOL's Automatic Enrollment Decision Could Boost LTD Participation
A US Department of Labor (DOL) rule clarification allowing employers the option to provide long-term disability coverage to their employees through automatic enrollment should benefit insurers by increasing participation rates. Read More
Total Reinsurance Capital Down While Alternative Capital Is Up
In its latest biannual "Reinsurance Market Report," Willis Re said total capital dedicated to the global reinsurance industry was $462 billion at the end of 2018. The findings showed that while dedicated reinsurance capital was down 5 percent, alternative capital grew 6 percent in 2018. Read More