Market News
Cayman Islands Releases Q1 2024 Licensing Figures
Cayman Island's Q1 2024 licensing data shows 11 new international captive insurer licenses issued, including 4 Class B(i) and 7 Class B(iii). Read More
Most Commercial Lines Experienced Yearly Premium Growth in Q1
Q1 2024 sees premium growth across major commercial lines. "IVANS Index" highlights rising renewal rates for all lines except workers compensation. Read More
Claim Reserving Patterns Disrupted in Evolving Risk Landscape
The evolving post-pandemic risk landscape disrupts claim reserving patterns, heightening reserve risk for insurers amid inflation and economic shifts. Read More
2023 Challenges Drive Rating Downgrades in US P&C Insurance
In 2023, US P&C insurers saw a rise in downgrades to 7.4 percent, up from 4.2 percent in 2022, driven by weakening balance sheets, rising costs, and inflation pressures. Read More
US Property and Casualty Challenges Amid Weather, Reinsurance, Inflation
A.M. Best's "Market Segment Report" reveals challenges in the US property and casualty sector from weather, reinsurance, and inflation pressures. Read More