Market News
A Blockchain-Fueled Bermuda Insurance Exchange To Go Live in 2019
The Bermuda Insurance Exchange, a blockchain risk and capital exchange for the insurance and reinsurance market, will be launched later this year. Read More
NAIC Releases 2018 Property-Casualty Insurer Market Share Data
The National Association of Insurance Commissioners (NAIC) recently released data on property-casualty insurers. The data include market share information indicating the degree of market concentration in lines of business and identify leading insurance writers. The 2018 market share data include countrywide direct written premium for the top 25 insurers. Read More
A.M. Best: Investors Pressure Reinsurance Sector
Despite the expectation that reinsurers would adjust their pricing amid the segment's depressed performance and following the nearly $200 billion in losses for the prior 18 months, reinsurance renewal rates were mostly flat, with some exceptions. Read More
Fitch: UK Rating Watch Negative Does Not Threaten Insurer Ratings
Fitch Ratings said that its Brexit-driven rating watch negative on the United Kingdom does not imply an immediate threat to UK insurance company ratings. Read More
Marsh: Political Risks Bring Unprecedented Uncertainty
According to the latest report from Marsh, titled "Political Risk Map 2019," rising geopolitical tensions and protectionist sentiments, coupled with ongoing trade disputes, are leading to increased uncertainty and risk for multinationals with direct foreign investments. Read More