Market News
Business Shifts Could Bode Well for Bermudian (Re)Insurers' Future
Bermudian (re)insurers' underwriting performance has improved in recent years, and recent strategic shifts in their underwriting practices could bode well for their future, according to S&P Global Ratings. Still, the combination of heightened natural catastrophe losses, persistently high inflation, and potential shortfalls in loss reserves could pose roadblocks. Read More
Podcast Focuses on Growth in the Latin American Captive Market
A new IRMI Podcast on the International Risk Management Institute, Inc., and Captive.com Captive Podcasts page features Luis Delgado of Strategic Risk Solutions (SRS) discussing explosive captive growth in the Latin America (LATAM) region. Mr. Delgado is Latin America regional director at SRS. Read More
Latin American Reinsurers See New Opportunities, Ample Capital
Global reinsurers' limited appetite for business in Latin America has created opportunities for domestic and regional reinsurers in the region, according to A.M. Best. At the same time, over the past 4 years the minimal number of severe catastrophe events in the region have not produced major insured losses. Read More
Current Interest Rate Environment Bodes Well for Non-Life Insurers
While insurers worldwide failed to earn their cost of equity capital in the low-interest-rate environment following the global financial crisis, the current higher-interest-rate environment is changing those dynamics, according to a new sigma report from Swiss Re. Read More
Hard Commercial Market Conditions Continue Driving Captive Formations
With hard market conditions continuing in the traditional insurance market, captive domicile regulators say new captive insurance company formations remain at a high level. As businesses look to captives to meet their coverage needs, new captives are forming and owners of existing captives are putting additional risks in the vehicles. Read More