Market News

US commercial insurance prices continued to increase in the fourth quarter of 2024, though increases moderated, according to Willis Towers Watson (WTW). Insurers reported an aggregate price increase of 5.6 percent during the final 3 months of 2024, down from a 6.1 percent increase reported during the year's third quarter. Read More

Insurer credit rating upgrades increased in the US property-casualty insurance sector in 2024 while downgrades saw a decline, according to AM Best. Best reported 42 rating upgrades among US property-casualty insurers in 2024, up from 35 during 2023, and 43 downgrades, down from 55 the prior year. Read More

Airmic's 2025 Captives Survey underscores the growing role of captive insurance in risk financing. The report explores trends in domicile selection, premium growth, expanding coverage lines, and increased utilization in response to market conditions, emphasizing captives as a strategic tool for organizations seeking flexible, long-term risk management solutions. Read More

Pinnacle University 2025 offers actuarial students hands-on experience in captive insurance, industry research, and business presentations, covering topics like artificial intelligence, inflation, and alternative markets. The invite-only event connects students with industry professionals to develop real-world skills and insights. Research findings will be published online in the coming months. Read More

The March issue of "Captive Insurance Company Reports" ("CICR") examines artificial intelligence (AI) ethics in captive insurance, the National Collegiate Athletic Association's 1910 Collective, new Internal Revenue Service 831(b) regulations, and Florida as a captive domicile. Gain insights into ethical decision-making for captives and regulatory updates affecting the industry. Available via Vertafore ReferenceConnect or IRMI Online. Read More