Market News
A Closer Look at the Evolving Process Transforming the Global Insurance Industry
"Solvency II will cause a transformational shift in the way the insurance industry operates in Europe, it will also have wide-ranging implications on a global scale," according to a perceptive but dated Solvency II report issued by KMPG. Read More
The Outlook for 3rd Quarter Global Markets
Global markets have made decent gains so far this year with volatility declining across all asset classes" according to London & Capital Read More
Bermuda Looks to Latin America as New Source of Captive Business Opportunities
The Bermuda Royal Gazette reported today that a delegation of leading Bermuda captive industry executives attended the Multi-Latina Risk Management Conference in Cartagena, Columbia. It was reported the Bermuda delegation led several panel discussions and roundtables on captive formation, domicile selection, tax effectiveness, risk management solutions and Bermuda's regulatory framework. Read More
Property Casualty Insurers Association of America Private US Insurers Quarterly Reports
Captives interested in benchmarking their performance on a quarterly basis may want to access the quarterly property-casualty financial summary published by Property Casualty Insurers Association of America. Read More
Evergreen USA Risk Retention Group to Cease Renewing and Writing New Coverages
Evergreen USA Risk Retention Group (Evergreen USA) has announced it will cease renewing and writing new policies effective July 15, 2014. The RRG was founded in 1989. "Unfortunately, by showing the insurance world that campgrounds could be a good risk, we now face stiff competition from extremely large... Read More