Market News

The 2017 Bermuda Captive Conference panel titled "Impact of Cyber and Emerging Technology Risks for Captive Insurers, Insurance Solutions and Latest Risk Developments" focused on various facets of the global cyber liability insurance market and how captives are being used to insure this emerging risk. Read More

In cooperation with Ernst & Young, Ginetta, and Citi Treasury and Trade Solutions, Allianz Global Corporate & Specialty has successfully implemented a blockchain prototype for a global captive insurance program. The technology aims to increase efficiency in the captive organization's international insurance transactions by accelerating and simplifying functionalities. Read More

Insurers and reinsurers with global operations are increasingly encountering market access issues as a political shift toward protectionism leads to barriers to trade in mature and emerging markets, according to A.M. Best's latest special report, titled "Rising Protectionism Creates Market Access Issues for Multinational Insurers." Read More

The so-called covered agreement between the United States and the European Union is expected to level the playing field for US insurers and reinsurers operating in Europe while further confirming that the US insurance regulatory system meets the goals of insurance sector oversight, policyholder protection, and national and global financial stability. Read More

The Willis Towers Watson's "Marketplace Realities 2018" report reveals that commercial insurance buyers are likely to face rate increases for 2018 insurance programs as the industry continues to tally losses following one of the most active and financially disruptive hurricane seasons in history. Read More