Market News

November "CICR" Anticipates the Captive Insurance Market Future

October 30, 2020

Don't miss the November issue of "Captive Insurance Company Reports" ("CICR"), and see what a panel discussion during the Vermont Captive Insurance Association 2020 Virtual Annual Conference anticipates the captive insurance market will look like in the year 2025. Read More

Hardening Market Driving District of Columbia Captive Formations

October 29, 2020

Amid hardening conditions in the traditional market, District of Columbia captive regulators are expecting the domicile's captive growth to continue. So far this year, the District of Columbia has licensed 13 captives with regulators expecting 5 to 10 more captive applications to be filed before the end of the year. Read More

Property Insurance Captives Take on Added Value in Hardening Market

October 28, 2020

Many captive insurance company owners have used their captive as part of their property insurance program even in a soft market. Now, as insurance markets harden, a captive can take on even more value as part of a property program. Read More

US Workers Compensation Market Likely To Post Strong Profits in 2020

October 27, 2020

US workers compensation insurers are poised to report strong profitability this year, despite economic challenges from the COVID-19 pandemic, according to Fitch Ratings. Fitch noted that declines in economic activity resulting from the pandemic led to reduced claims frequency that is currently outpacing pandemic-related losses. Read More

New Gallagher Report Notes Differences Behind Current Hard Market

October 27, 2020

A new report from brokerage firm Gallagher suggests that the current hard market—in which the largest percentage of clients since the early 2000s experienced an increase in property premiums—is being driven by different factors than traditional hard markets. Read More