Market News

Insurance-Linked Securities Issuance Hit Record $11.3 Billion in 2020

March 11, 2021

The insurance-linked securities (ILS) market experienced a record new issuance of $11.3 billion in 2020, a 106 percent increase from 2019, according to a new report from Swiss Re. The year's 49 ILS transactions also represented significant growth, more than double the number in 2019. Read More

Property-Casualty Insurers Face Ongoing Pandemic Loss Uncertainty

March 10, 2021

US property-casualty insurers will face uncertainty over their ultimate pandemic-related losses in numerous insurance lines for some time to come. Read More

US Insurance Prices Increased Significantly during Fourth Quarter

March 9, 2021

US commercial insurance prices once again experienced significant growth in the fourth quarter of 2020, according to Willis Towers Watson's Commercial Lines Insurance Pricing Survey (CLIPS). The aggregate commercial price change reported by insurers was more than 10 percent, the highest increase in the history of CLIPS. Read More

March CICR Spotlights CICA's "Amplify Women"

March 8, 2021

Don't miss the March issue of Captive Insurance Company Reports (CICR), which spotlights the Captive Insurance Companies Association (CICA) "Amplify Women" initiative. Read More

RAA Offers Guidelines for Climate Change-Related Insurance Regulation

March 5, 2021

The Reinsurance Association of America (RAA) is urging policy makers to adopt guiding principles as they seek to address climate change and its interrelationship with insurance and regulation. An RAA statement set out several principles that the association said should guide climate change-related insurance regulation. Read More