Market News

HSBC has established Wayfoong (Asia), a captive insurer in Hong Kong, to reinsure employee-benefit risks across the Asia-Pacific region. The move follows regulatory updates and supports Hong Kong's growing role in global risk management. It is the first captive insurer in the city formed by a multinational financial services firm. Read More

Captive Resources launches "Captivating Health Insights," a podcast offering expert strategies on healthcare cost containment and employee well-being. Targeted at employers and industry professionals, the series explores captive insurance, self-funded plans, pharmacy benefit managers, and more. Hosted by Maddison Bezdicek, it debuts May 6 on major streaming platforms and Captive Resources' website. Read More

According to Marsh's "Global Insurance Market Index," global commercial insurance rates dropped 3 percent in Q1 2025, continuing a downward trend. Property, cyber, and financial lines saw rate reductions across regions, while US casualty rates rose 8 percent, driving a global casualty increase. Insurer competition enabled broader coverage and improved terms. Read More

Managing general agencies (MGAs) apply their market segment expertise to underwrite accounts that address the specific risks faced by the insured. Read More

Artificial intelligence (AI) is reshaping insurance, especially for group captives. Captive Resources highlights how AI accelerates claims, enhances communication, and improves fraud detection. These advancements help member-insureds achieve better outcomes, reduce costs, and protect pooled resources—giving captives a competitive edge through smarter, more proactive risk management. Read More