Market News
KBRA Reports on Eurozone Investment Flow
Kroll Bond Rating Agency (KBRA) recently released a new macro-market commentary titled "Eurozone Investment: Quality over Quantity." The report discusses Europe's relatively disappointing aggregated investment flow data since the global financial crisis. Read More
JLT Re Builds Captive Insurance Expertise in North America
Todd Burgener will join JLT Re to serve as executive vice president in Chicago, working closely with healthcare captive clients and prospects. Mr. Burgener is tasked with developing tailored risk transfer solutions that respond to the changing healthcare landscape. Read More
Swiss Re's Latest Sigma Study Focuses on Construction Sector
According to the latest sigma study from Swiss Re, global engineering insurance underwriting performance has deteriorated recently, with premium rates declining and claims rising in some construction sectors. Urbanization, the replacement of aging infrastructure, and the development of renewable energy sources should all promote construction spending and engineering insurance demand. Read More
US Commercial Insurance Prices Up
A recent commercial lines insurance pricing survey found price changes from first quarter 2017 to first quarter 2018 were in excess of 1 percent for the first time in 11 quarters, breaking the moderating trend in price increases observed since 2013. Read More
US Captive Reinsurance Runoff Transaction Announcement
In its first transaction with a California self-insurer, Randall & Quilter (R&Q) recently completed a runoff deal to provide the self-insurer with full finality. In a different captive reinsurance transaction, R&Q issued a reinsurance agreement assuming the legacy liabilities of the Bermuda-domiciled captive of a US corporate airline. Read More