Market News
FERMA Puts Forward Priorities for Artificial Intelligence Expert Group
The European Commission appointed 52 experts to the new High-Level Group on Artificial Intelligence. The group includes representatives of academia, business, and civil society that will support the implementation of the European Commission's communication on "Artificial Intelligence for Europe" that was published in April 2018. Read More
Index-Based Microinsurance Market Expands in Central America
The Microinsurance Catastrophe Risk Organization, a reinsurance company incorporated in Barbados, has launched Produce Seguro in El Salvador, an index-based insurance product that protects low-income families against natural disasters. Read More
Demotech Releases First Quarter 2018 Financial Analysis of RRGs
Demotech has released its "Analysis of Risk Retention Groups-First Quarter 2018," reporting on the overall financial performance of Risk Retention Group (RRG). Demotech's senior financial analyst, Douglas Powell, has concluded, "Despite political and economic uncertainty, RRGs remain financially stable and continue to provide specialized coverage to their insureds." Read More
Global Employee Benefit Health Plan Costs Increasing 3 Times Inflation
Based on its latest global employee benefit research findings on medical trends around the world, Mercer Marsh Benefits advises that adopting integrated health and well-being strategies underpinned by stronger digital and data capabilities will be critical in managing the rising costs of employee health benefit programs. Read More
Total Cost of Risk Declines for Fourth Year-A New Normal?
In the face of record-setting natural catastrophes and an ever-evolving risk environment, the average total cost of risk trended lower for the fourth year in a row, according to the newly released "2018 RIMS Benchmark Survey." Read More