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 will step down from his role as president and CEO of Munich Reinsurance America on 1 April, after announcing his retirement
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
The New Jersey Supreme Court has upheld an appeals court ruling that Johnson & Johnson are due a $56 million tax refund
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 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 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
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