Market News
Fitch Ratings: US P&C Insurers' Profitability Rebounds in 2018
After a difficult 2017, a notable rebound by US property and casualty (P&C) insurers this past year has led Fitch Ratings to revise its fundamental sector outlook to stable from negative, according to Fitch's 2019 outlook report. Read More
Bermuda Accounted for $3.6 Billion of ILS Issued during Second Quarter
According to the latest "Bermuda Insurance-Linked Securities (ILS) Market Report," for the second quarter of 2018, the island remained the leading jurisdiction for ILS issuance, representing 73.2 percent of the global outstanding ILS capacity at the end of the quarter ($26 billion of $35.5 billion total global capacity). Read More
Third-Quarter Global Commercial Insurance Pricing Increased but Limited
Marsh's "Global Insurance Market Index" for the third quarter of 2018 found that average commercial insurance pricing has increased for the fourth consecutive quarter driven by increases in property and financial and professional lines. Read More
Risk Manager's Role Evolving To Support Profound Organizational Change
The roles of risk managers across Europe were explored in the 9th "European Risk Manager Survey." The survey, conducted by FERMA, PwC France, and Francophone Africa, explored the work of risk managers in supporting the success and sustainability of their organizations. Read More
Pentacle Brings an "Out-of-the-Box" Solution to Insurance Data Capture
Pentacle Data Solutions (Pentacle) has launched an "out-of-the-box" product that it said will benefit the captive insurance industry. Pentacle offers a comprehensive and practical solution for data capture, offering an insurance platform that grows with the user. Read More