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A.M. Best: ILS and traditional reinsurance market showed resilience at Jan renewals
25 March 2021
Reporter Becky Bellamy

The report, Insurance-Linked Securities Market Weathers Elevated Catastrophe Activity and Global Pandemic in 2020, finds that the global reinsurance capital returned to its pre-pandemic level of $485 billion at year-end 2020

Steven Levy set to retire from Munich Re US
14 January 2021
Reporter Maria Ward-Brennan

Steven Levy will step down from his role as president and CEO of Munich Reinsurance America on 1 April, after announcing his retirement

A.M. Best: captives in Bermuda, Cayman and Barbados are outperforming commercial insurers
18 December 2020
Reporter Maria Ward-Brennan

A.M. Best rated captives based in Bermuda, the Cayman Islands, and Barbados continue to outperform the US commercial casualty composite on underwriting and operating profitability, according to the latest market segment report

New Jersey Supreme Court upholds ruling for J&J tax refund
09 December 2020
Reporter Maria Ward-Brennan

The New Jersey Supreme Court has upheld an appeals court ruling that Johnson & Johnson are due a $56 million tax refund

ProSight onboards four captives since January launch
11 November 2020
Reporter Maria Ward-Brennan

ProSight Global, a property and casualty insurance company, has written more than $19 million in its captive solutions since launching at the start of this year

ProSight reports largest catastrophe quarter in Q3
10 November 2020
Reporter Maria Ward-Brennan

ProSight Global, a property and casualty insurance company, has reported that Q3 was the largest catastrophe quarter in the company’s history, according to the latest figures

A.M. Best affirms credit ratings of Fortegra Financial Corporation’s insurance subsidiaries
17 September 2020
Reporter Becky Bellamy

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” of the US-based operating subsidiaries of Fortegra Financial Corporation

A.M. Best: captives to thrive in current market
30 July 2020
Reporter Maria Ward-Brennan

Firming commercial insurance prices and impacts from the ongoing COVID-19 pandemic could present opportunities for the US captive insurance segment to increase its footprint in several lines of business, according to a new A.M. Best report

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