Market News
NAIC Releases 2017 Property-Casualty Insurer Market Share Data
The National Association of Insurance Commissioners (NAIC) recently released data on property-casualty insurers. The data include market share information indicating the degree of market concentration in lines of business and identify leading insurance writers. The 2017 market share data include countrywide direct written premium for the top 25 insurers. Read More
Where Things Stand: Insurance, Reinsurance, and Alternative Capital
As we approach the end of the first quarter of 2018, where do insurance market conditions stand? What are the forces driving market conditions, and what do captive insurers need to know? Read More
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