Market News
P&C Industry Awash in Capital, According to KBRA 2018 Outlook Report
Kroll Bond Rating Agency (KBRA) released its latest report, titled "Insurance: U.S. Property/Casualty Industry 2018 Outlook." According to the report, the US property and casualty industry has experienced favorable operating trends since 2012, with the following prevailing positive conditions: capital growth, no major catastrophes until third quarter 2017, abundant reinsurance capacity, and favorable reserve releases. Read More
Bermuda Continues To Lead Global Insurance-Linked Securities Market
Bermuda registered a total of 58 new insurers in 2017, ranging from captives and long-term re/insurers to special purpose insurers, according to the latest Bermuda Monetary Authority statistics. Read More
Insurers Remain Behind the Technology Curve and They Know It
A.M. Best believes insurance companies' investments in technology upgrades would help them to remain relevant and benefit financially over the long term. A recent A.M. Best survey shows that insurance companies concur and are increasingly harnessing data to improve all aspects of their business. Read More
Demand for Long-Term Care Products Outpaces Supply
A steady increase in claims and unfavorable experience for long-term care insurers, combined with needed reserve increases, have continued to place pressure on many long-term care insurers' capital and earnings, according to a new A.M. Best report on the segment. Read More
CICA President Dan Towle Embraces "The Challenge of Change"
The mission of the Captive Insurance Companies Association (CICA) is to be the premier global domicile-neutral captive insurance association and the best source for unbiased information, knowledge, and leadership for captive insurance decision-makers. Captive.com recently touched base with CICA President Dan Towle to discuss its upcoming annual international conference. Read More