Market News
Amwins Re Provides Key Insights on the Shifting Facultative Reinsurance Market
A recent Amwins Re's update highlights changes in the facultative reinsurance market, with new capacity entering and increased competition in less distressed areas. Read More
US Property-Casualty Insurance Set for Profit Recovery in 2024
The US property-casualty insurance market is set for profit recovery in 2024 due to strong first-quarter results driven by personal auto recovery and favorable pricing conditions despite ongoing challenges. Read More
Michigan's Captive Insurer Program Sees 25 Percent Growth
Michigan's captive insurer premiums exceeded $3 billion in 2023, reflecting a 25 percent growth. The state now has 26 captive insurers. Read More
Artex: US Property Market Challenges Drive Interest in Alternative Risk Solutions
US property market challenges drive interest in alternative risk solutions, like captives, as companies seek stable, long-term strategies amid fluctuating market conditions. Read More
Most Major Commercial Line Premium Renewal Rates Increased Month-over-Month
May renewal premiums rose across all lines except commercial property, with more significant increases from April in commercial auto, BOP, general liability, and umbrella policies. Read More