Market News

Insurers and reinsurers with global operations are increasingly encountering market access issues as a political shift toward protectionism leads to barriers to trade in mature and emerging markets, according to A.M. Best's latest special report, titled "Rising Protectionism Creates Market Access Issues for Multinational Insurers." Read More

The so-called covered agreement between the United States and the European Union is expected to level the playing field for US insurers and reinsurers operating in Europe while further confirming that the US insurance regulatory system meets the goals of insurance sector oversight, policyholder protection, and national and global financial stability. Read More

The Willis Towers Watson's "Marketplace Realities 2018" report reveals that commercial insurance buyers are likely to face rate increases for 2018 insurance programs as the industry continues to tally losses following one of the most active and financially disruptive hurricane seasons in history. Read More

The resilience of Bermuda's re/insurance sector to withstand potential catastrophic events strengthened year over year (2015 to 2016), per the Bermuda Monetary Authority second annual "Catastrophe Risk in Bermuda" report. While gross catastrophe exposure increased by about 9 percent year over year, capital levels also increased at a slightly higher rate. Read More

Board members, policyholders, policymakers, risk managers, and others stand to gain from a Lloyd's/RMS report that encourages insurers to think about risk in a different way by highlighting counterfactual analysis and its potential to mitigate data bias, test model results, analyze tail risk, and identify potential high-impact events. Read More