Market News

Fitch Ratings has revised its outlook for the global reinsurance sector to stable from negative on the belief that earnings have settled at a "new normal," with return on capital likely to be more modest but less volatile than before. Read More

Operating performance moderately improved for property-casualty re/insurers during the first half of the year thanks to improved core loss ratios, lower catastrophe losses, and lower taxes along with favorable movement in loss reserves. Read More

A new Vermont-domiciled captive insurance solution is available. The captive, eCaptiv LLC, will be funded through client participation and will provide auto liability, general liability, excess liability, and workers compensation coverages. The program will also offer "significant" excess reinsurance above captive retentions. Read More

There has been a shift in investor expectations in recent years, with shareholders judging companies on a broader spectrum of criteria, rather than solely on financial metrics, according to a new briefing by A.M. Best. Read More

At the North Carolina Captive Insurance Association (NCCIA) conference, Martin Eveleigh, chairman of Atlas Insurance Management, received the Distinguished Service Award. As Mr. Eveleigh departs the NCCIA board of directors, Morgan Weatherly, a senior account manager at Atlas, will take up a position on the board beginning January 1, 2019. Read More