Special Report: Are RRGs a Mature Industry?November 2, 2020
This month’s special report is an analysis of the potential for significant growth in the number of operational RRGs in the current hard market, as has happened historically. In many ways, the RRG industry has matured since the hard market of the early to mid-2000s. That may limit the potential growth in the number of operational RRGs during the current ...
Captive Managers by Premium 2019: Acquisitions and ShakeupsOctober 8, 2020
The last three years have brought significant changes to the captive management landscape for risk retention groups, with acquisitions of and exits by some major players causing significant shakeups. Even so, nearly all captive managers reported premium gains for their managed RRGs, on the heels of the strongest RRG premium growth since 2006.
RRG Cession Rate Declines in 2019October 8, 2020
Risk retention groups ceded less premium to reinsurers in 2019, with the cession rate falling to 45.2% from 47.7%. The cession rate for RRGs had been steadily increasing since 2014, but as the market continues to harden many RRGs may decide to increase premium retention.