Market News
Podcast Sheds Light on Using Captives To Tailor Insurance Solutions
The latest IRMI Podcast on the International Risk Management Institute's (IRMI) and Captive.com's Captive Podcasts page features Andy Hulme, executive vice president—director of underwriting at Strategic Risk Solutions (SRS), discussing tailoring insurance solutions using captive insurance. Read More
A.M. Best Revises Excess and Surplus Segment's Outlook to Positive
A.M. Best has revised its outlook on the excess and surplus (E&S) lines insurance segment to positive from stable. In announcing the outlook change, the rating agency cited the E&S segment's increased business due to declining capacity in commercial lines and some personal lines markets, along with strong underwriting results. Read More
Strategic Risk Solutions Launches New Managing General Underwriter
Independent insurance company manager Strategic Risk Solutions (SRS) has launched its latest alternative risk transfer venture, Altitude, a new managing general underwriter (MGU). SRS described the creation of the new MGU as a strategic move aimed at expanding the company's client services portfolio. Read More
November "CICR" Explores AI Potential for Addressing Risks
Don't miss the November issue of "Captive Insurance Company Reports" ("CICR"), which explores how artificial intelligence (AI) in combination with captives, parametric insurance, and insurance-linked securities holds the potential to offer new and more effective ways of addressing risks. Read More
Global Commercial Insurance Price Hikes Held Steady in Third Quarter
Global commercial insurance prices increased 3 percent during this year's third quarter, the same increase as in the prior quarter, according to the Marsh Global Insurance Market Index. The third quarter marked the 24th consecutive quarter in which composite commercial insurance pricing increased, Marsh said. Read More