Reinsurance

Catastrophe-reinsurance pricing will likely see a low-double-digit drop at Jan. 1 renewals thanks to the quietest U.S. Atlantic hurricane season in decades, says Fitch. And a Fitch analyst says alternative capital, which is also pressuring rates, is likely here to stay even in the event of a major loss.

Aspen Reinsurance says its Aspen Capital Markets division has established Silverton Re, a special-purpose insurer designed to expand the company's capabilities in the alternative-reinsurance market.

The Senate Finance Committee has approved a draft tax reform proposal that includes a provision sought by domestic P&C insurers to change the tax treatment afforded offshore insurers doing business in the U.S.

The Senate Finance Committee has approved a draft tax reform proposal that includes a provision sought by domestic P&C insurers to change the tax treatment afforded offshore insurers doing business in the U.S.

Insurers may be able to innovate, particularly in the car-sharing market. But how can they adapt models to meet consumer demands?

Insurers may be able to innovate, particularly in the car-sharing market. But how can they adapt models to meet consumer demands?