Market News
CCRIF SPC To Enlarge Parametric Insurance Coverage and Products
The Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC) will move to deliver greater support for countries in the region. CCRIF provides parametric catastrophe insurance coverage to its members by furnishing financial protection to countries vulnerable to tropical cyclones and earthquakes, as well as to excess rainfall. Read More
NAIC Releases 2017 Annual Report and Strategic Plan
The National Association of Insurance Commissioners' (NAIC's) annual report outlines its financial health, focuses on its budgeted initiatives and operations, and illustrates state insurance regulator efforts to safeguard insurance markets and protect consumers. While most captive insurers do not need to follow all NAIC protocols, it is wise to keep up with regulator activities. Read More
AIR and RenaissanceRe Join Forces To Model Portfolio Risk
Catastrophe modeling firm AIR Worldwide and RenaissanceRe will join forces to enhance long tail casualty risk modeling, further refine the first fully probabilistic model for extreme liability events, and help companies understand the complex interconnections in their portfolios. Read More
Harvard Releases Patient Safety Tools for Health System M&A
During health system mergers and acquisitions and affiliations, patient safety can be compromised. Ariadne Labs and Harvard's CRICO/Risk Management Foundation have released a new set of patient safety tools that equip clinical leaders to uncover important safety considerations and mitigate potential harm before and after the affiliation occurs. Read More
"IVANS Index" Provides First Quarter 2018 Results
IVANS has announced the results of 2018's first quarter "IVANS Index: Premium Renewal Rate Index." First-quarter results showed a positive uptick in the premium renewal rate change average across nearly all lines of commercial business with the exception of workers compensation. Read More