Market News

Swiss Re anticipates rising demand for reinsurance amid growing natural catastrophe risks and heightened US litigation. Specialty lines like renewable energy and cyber insurance are also expanding, while the company emphasizes the importance of risk assessment, capital management, and addressing social inflation impacting global liability claims. Read More

Jeremy Colombik and Adam Perea highlight how businesses can lower their total cost of risk through captive insurance. By managing risk more effectively, insureds can avoid focusing solely on premium reductions, benefiting from custom policies, greater control over claims, and long-term financial advantages, even amid a hard insurance market. Read More

Hannover Re expects strong reinsurance demand into 2025, with stable pricing and growth opportunities, particularly in nonproportional coverage. The company focuses on emerging risks like cyber and climate change, while maintaining a solid capital position and offering innovative solutions, including catastrophe bonds for cloud outages. Read More

Virtual captives provide a streamlined alternative to traditional captive insurance companies, allowing organizations to retain risk, customize coverage, and reduce costs. They avoid the regulatory burdens of setting up a legal entity, offering flexibility in risk management and profit-sharing mechanisms while maintaining insurer support for claims and administrative tasks. Read More

Artificial intelligence is revolutionizing captive insurance, streamlining operations, and enhancing risk management. While AI brings efficiency and predictive analytics benefits, it also introduces risks like algorithmic bias, cyber-security threats, and compliance issues. Captives can offer tailored coverage to address these risks, positioning them to fill gaps in traditional insurance markets. Read More