Market News
"IVANS Index" November Results Show Continued Month-to-Month Variance
November's "IVANS Index: Premium Renewal Rate Index" findings show that the premium renewal rate change for the majority of standard commercial lines products remains in positive territory, while workers compensation continues to stay in negative terrain. Premium renewal rate change across the industry has remained mainly positive from month to month. Read More
Beijing and Guernsey Move Forward on Captive Insurance Deal
Guernsey-based Alternative Risk Management and Beijing Airport Captive Management Consulting will partner to create captive insurance structures and provide captive management services for businesses in China. The joint venture comes after the March 2017 signing of a memorandum of understanding between Guernsey Finance and the Beijing Airport Economic Core Zone. Read More
2018 Reinsurance Outlook for Captives
Reinsurance is an integral part of most captive insurers' risk management programs. Due to a confluence of events, reinsurance pricing has been fairly benign over the last several years. However, this may change in 2018. Find out why captives need to focus on reinsurance renewals. Read More
Bermuda Monetary Authority Releases Its "Captive/SPI Report 2017"
Bermuda Monetary Authority recently released its 2017 captive/special purpose insurer (SPI) statistics. This article reviews the report, and selected highlights are included. Other captive domiciles would do well to follow Bermuda's lead and create greater transparency in the captive industry. Read More
RAA Reports Dramatic Deterioration in US Reinsurers' Operating Results
A Reinsurance Association of America (RAA) survey of reinsurers' statutory underwriting results reveals that the combined ratio for a group of 18 US property and casualty reinsurers was 111.9 percent during the 9 months ended September 30, 2017, deteriorating from the 94.9-percent combined ratio reported for the same period in 2016. Read More