Market News

A steady increase in claims and unfavorable experience for long-term care insurers, combined with needed reserve increases, have continued to place pressure on many long-term care insurers' capital and earnings, according to a new A.M. Best report on the segment. Read More

The mission of the Captive Insurance Companies Association (CICA) is to be the premier global domicile-neutral captive insurance association and the best source for unbiased information, knowledge, and leadership for captive insurance decision-makers. Captive.com recently touched base with CICA President Dan Towle to discuss its upcoming annual international conference. Read More

Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security as a top risk management priority, according to a new global survey conducted by Marsh. In a global survey of senior executives, two-thirds ranked cyber security among their organizations' top five risk management priorities. Read More

Fortinet®, a cyber-security solutions provider, has announced the findings of its latest "Global Threat Landscape Report." The research reveals that attacks per firm have increased over the previous quarter. In addition, automated and sophisticated swarm attacks are accelerating, making it increasingly difficult for organizations to protect users, applications, and devices. Read More

According to the latest Willis Towers Watson "Property Market Update," commercial property insurers are seeking double-digit rate hikes on catastrophe-exposed insurance programs following 2017's record natural catastrophe-related losses. Nonetheless, abundant risk transfer capacity in the form of traditional and alternative capital is dampening the potential for widespread market firming. Read More