Market News

The US workers compensation insurance segment continues to outperform other property-casualty lines, driven by lower loss frequency, favorable reserve development, and controlled medical severity. Despite pricing declines, premium growth has been supported by wage increases and job growth. The segment remains competitive, with strong underwriting margins and sustained profitability. Read More

This case study outlines the process of forming a captive insurance company. It covers the feasibility study, application process, and important factors such as risk retention, reinsurance, and expanding coverage, offering practical insights into creating and managing a captive. Read More

Pinnacle Actuarial's white paper details how the expected adverse deviation (EAD) model helps captive insurance programs enhance risk distribution. Through case studies, it examines strategies such as reinsurance and coverage diversification to optimize risk profiles and meet regulatory requirements for insurance classification. Read More

Fitch Ratings reports that reinsurers will push for double-digit increases in US casualty premiums in 2025 renewals. Rising loss costs from social inflation and legal risks, including large verdicts and latent liabilities, are driving these hikes as reinsurers tighten risk selection and reduce exposure. Read More

The US commercial insurance market continues to favor buyers, with stable conditions across most lines of coverage. However, according to Lockton's September 2024 "Market Update," rising liability costs, economic fragility, and emerging risks are creating uncertainty, prompting businesses to explore alternative risk strategies and remain vigilant. Read More