Market News
Continual Increase of Nearly All Premium Renewal Rates, According to IVANS
IVANS has announced its August 2018 "IVANS Index: Premium Renewal Rate Index" results. Bouncing back from last month's results of decreasing rate change across almost all lines of business, August results show positive change across nearly all major commercial lines except for commercial auto, which experienced slight negative change. Read More
Global Reinsurers' Earnings Have Settled, According to Fitch
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
Positive News for US Property-Casualty Re/insurers from Fitch Ratings
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
Vermont To House New Captive Insurance Solution for Energy Sector
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
Judging Environmental, Social, and Governance Factors in Credit Rating
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