Market News
Tennessee Captive Insurance Section Reports Record Growth in 2024
Tennessee's captive insurance industry achieved 14 percent growth so far in 2024, with 52 new risk-bearing entities added. Strong regulatory efforts, robust service networks, and support from the Tennessee Captive Insurance Association have solidified Tennessee's position as a leading domicile for captives. Read More
New Domiciles Redefining European Captive Insurance Market
AM Best's analysis of European captive insurance markets reveals growth in new domiciles like France and Italy, driven by regulatory changes and increased risk management needs. Established leaders such as Guernsey and Luxembourg remain strong, while updates to Solvency II and market challenges continue to shape the industry landscape. Read More
Understanding Reinsurance in Captive Insurance
Reinsurance is essential for captive insurance, addressing coverage gaps and enhancing risk management. Understand treaty and facultative structures, licensing differences, and their role in financial stability. Read More
December "CICR" Explores Captives and Environmental Risks
Don't miss the December issue of "Captive Insurance Company Reports" ("CICR"), which looks at how artificial intelligence, captives, and parametric insurance coverage are a triple threat in the fight against wildfire risk. Read More
US Property-Casualty Industry Posts 9-Month Net Underwriting Gain
The US property-casualty insurance industry posted a $4.1 billion net underwriting gain through the first 9 months of 2024, according to AM Best. The industry results over the year's first 3 quarters represented a significant improvement from the $32.1 billion loss it posted over the same period last year. Read More