Market News
Captive Insurers and the 2019 Reinsurance Markets
We look at early indications of renewal rates for 2019 reinsurance placements and comment on how they may impact the captive insurance market. Specifically, we review reports issued by JLT Re and Willis Re on the January 1, 2019, renewals and what captives can anticipate. Read More
Lloyd's "Transforms" through Electronic Placement Target Mandates
Lloyd's will require each syndicate to write no less than 40 percent of its risks using a "recognized electronic placement system" for the first quarter of 2019, increasing to 50 percent for the second quarter of 2019. Read More
January Reinsurance Renewal Pricing Remains Stable
Both JLT Re and Willis Re recently released analyses outlining reinsurance pricing at the January 1, 2019, renewal. The organizations found that, on the whole, renewal pricing remained stable despite building pressures on the reinsurance market. Read More
Compre Set To Complete Generali Legacy Transaction
Independent re/insurance legacy specialist Compre is approved to acquire two portfolios from Assicurazioni Generali S.p.A. (Generali) in an undertaking intended to provide legal finality for the legacy liabilities held by Generali's UK branch. Read More
Rising Medical Costs Threaten Workers Compensation Profitability
The US workers compensation segment continued its positive performance in 2017, boosted by another year of growing payrolls that helped offset rate decreases and overall soft market conditions. While lost-time claims frequency continues to decline, claims severity continues to rise due to a host of factors. Read More