Market News

Effective claims management is essential to a captive insurance company's financial health. This article explores key strategies, from vendor selection and technology oversight to reserve planning and incurred-but-not-reported awareness. Whether outsourcing or managing in-house, owners must align claims practices with long-term objectives and regulatory expectations for sustained success. Read More

The April 2025 Ivans Index reveals mixed premium renewal rate trends across commercial insurance lines. Most segments saw year-over-year increases, while workers compensation continued its downward movement. Month-over-month, rate changes varied, with some lines rising slightly and others declining, reflecting ongoing market adjustments across key coverage areas. Read More

The Reinsurance Association of America (RAA) urged Congress to support private insurance markets, enhance disaster mitigation funding, and maintain state regulatory authority. In Senate testimony, it opposed federal insurance expansion and advocated for resilience initiatives, tax reforms, and new coverage options to reduce the protection gap and financial risk from natural disasters. Read More

Captive insurance formations rose in 2024, with Vermont, Cayman, and Bermuda leading globally. Business Insurance's rankings highlight increased use of captives for property, cyber, healthcare, and climate risks. Regulatory developments in Europe and evolving market conditions continue to drive global adoption of alternative risk financing through licensed captive structures. Read More

HSBC has established Wayfoong (Asia), a captive insurer in Hong Kong, to reinsure employee-benefit risks across the Asia-Pacific region. The move follows regulatory updates and supports Hong Kong's growing role in global risk management. It is the first captive insurer in the city formed by a multinational financial services firm. Read More