Market News

US property and casualty insurers' operating performance appears set to rebound somewhat next year following 2017's rough catastrophe-related losses, according to Fitch Ratings in its 2018 outlook report for property and casualty insurers, "Fitch 2018 Outlook: U.S. Property/Casualty Insurance." While Fitch's rating outlook is stable for P&C insurers, the fundamental sector outlook remains negative. Read More

In the latest "Commercial Lines Insurance Pricing Survey," Willis Towers Watson reports the continuation of nearly flat commercial insurance prices in the US during the third quarter of 2017. Price changes reported by carriers averaged less than 1 percent for the ninth consecutive quarter. Read More

November's "IVANS Index: Premium Renewal Rate Index" findings show that the premium renewal rate change for the majority of standard commercial lines products remains in positive territory, while workers compensation continues to stay in negative terrain. Premium renewal rate change across the industry has remained mainly positive from month to month. Read More

Guernsey-based Alternative Risk Management and Beijing Airport Captive Management Consulting will partner to create captive insurance structures and provide captive management services for businesses in China. The joint venture comes after the March 2017 signing of a memorandum of understanding between Guernsey Finance and the Beijing Airport Economic Core Zone. Read More

Reinsurance is an integral part of most captive insurers' risk management programs. Due to a confluence of events, reinsurance pricing has been fairly benign over the last several years. However, this may change in 2018. Find out why captives need to focus on reinsurance renewals. Read More