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  Question Road 480x377

Questions Remain over Newfound Reinsurance Underwriting Discipline

The global reinsurance market as a whole has exhibited more underwriting control as evidenced by a holding back of capacity at the midyear 2019 renewals; however, questions remain over the sustainability of this newfound discipline, according to AM Best.
September 04, 2019 Read More
  Senior Health Care-SF

Senior Care AssureCap Advantage Program Sees Major Progress

Creators of the senior care AssureCap Advantage underwriting program launched a little over a year ago report achievement of major advances in senior care quality improvement and loss reduction.
September 03, 2019 Read More
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Lea Riddle To Take over as NCCIA Chairman

The North Carolina Captive Insurance Association (NCCIA) has named Lea Riddle of McGriff Insurance Services as its chairman for 2019–2020. Mr. Riddle succeeds Leon Rives of Rives & Associates who served as chairman in 2018 and 2019.
September 03, 2019 Read More
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Reduced Underwriting Income for Property-Casualty Industry

According to A.M. Best, the US property-casualty industry's net underwriting income declined by 9.6 percent to $4.8 billion in the first half of 2019, compared with $5.3 billion in the same prior-year period.
September 03, 2019 Read More
  Job References-SF

Crumbling Foundations Captive Superintendent RFQ Process Now Underway

A national request for qualifications (RFQ) process has begun, with the goal of naming a new superintendent for the Connecticut Foundation Solutions Indemnity Company, Inc. Michael Maglaras, principal of Michael Maglaras & Company, currently holds the position and will step down in October.
August 30, 2019 Read More
  Euro Sign European Central Bank

"Big 4" European Reinsurers Benefit from Improving Market Conditions

Fitch Ratings said that the "big four" European reinsurers reported solid underwriting performance in the first half of 2019.
August 29, 2019 Read More
  Global Mergers and Acquisitions

More Consolidation Expected for Global Reinsurers

While benefiting from limited rate increases in 2018 and 2019, global reinsurance earnings remain under pressure amid continued challenging business conditions, according to S&P, which expects reinsurer mergers and acquisitions to continue during the next few years.
August 29, 2019 Read More
  Boardroom-SF

Why Captives Need To Focus on Culture When Considering Governance

In this thought piece on captives' corporate culture and its impact on good governance, we explore why it is important, whether it is possible to measure, and how a risk management framework can be employed to help quantify corporate culture.
August 28, 2019 Read More
  Captive Globe-SF

September "CICR" Looks at "Why Go Captive?"

Don't miss the September issue of "Captive Insurance Company Reports" ("CICR"), where Steve Kinion, director of the Bureau of Captive and Financial Insurance Products, Delaware Department of Insurance, looks at "Why go captive?" The question addresses whether a state should or should not become a captive insurance domicile.
August 28, 2019 Read More
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Reinsurers "Uncomfortable" with Understanding of Wildfire Risk

According to S&P, reinsurers were "caught by surprise" by the back-to-back California wildfires in 2017 and 2018, and challenges persist in understanding this type of peril.
August 27, 2019 Read More
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