Market News
Four Largest European Reinsurers Maintain Pricing Discipline
Pricing discipline by Munich Re, Swiss Re, Hannover Re, and SCOR is proving an important competitive advantage amid declining market pricing and investment yields, Fitch Ratings says. The four largest European reinsurers have been able to largely maintain their pricing and policy terms without a significant fall in business volumes. Read More
Captive Update on the 2017 NAIC Summer Meeting
What are the key takeaways for captive insurers from the recent National Association of Insurance Commissioners (NAIC) Summer 2017 National Meeting? Model laws for cyber security, corporate governance, financial stability, risk assessment, and triple X captives were all under discussion. Read More
Analysis of the FIO Report on TRIP and Small Insurers
The Federal Insurance Office (FIO) report on the Terrorism Risk Insurance Program (TRIP) and small insurers contains several key conclusions that warrant discussion and analysis by all captives that provide some kind of terrorism cover. Read More
Rundown of Texas Law Updates Related to Insurance and Captives
During the 85th legislative session in Texas, a number of bills became law related to insurance and captives. The Texas Captive Insurance Association has produced a summary of these laws, including those coming into effect on September 1, 2017. Read More
A.M. Best-Rated Captives and Alternative Risk Profits Are Up Nearly 16%
A.M. Best has released its latest special report on the financial performance of A.M. Best-rated US captives. According to the report, A.M. Best-rated captives and other alternative risk transfer mechanisms posted excellent results in 2016, with pretax profits up by nearly 16 percent year over year. Read More