Market News

This synopsis of the major reinsurance brokerage reports on the January 1 reinsurance renewals also includes the factors captives need to watch. Captive insurers should focus on three areas that bear continued surveillance. Read More

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

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 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

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