Reinsurance for Risk Retention Groups 2015 available in October. Learn more...
From the 2015 November Risk Retention Reporter
RRG Premium Growth Projected to Continue
The results of the 28th annual survey of risk retention groups by the Risk Retention Reporter project increases in RRG premium and the number of policyholders and insureds. RRG premium hit an all-time high of $2,836.0M in 2014, and the survey results project additional premium growth of 2.9% in 2015 that would take RRG premium up to $2,917.1M....
CPA Mutual Case Headed to Appeals Court in Louisiana
Another case involving whether or not a state’s Direct Action Statute is preempted by the Liability Risk Retention Act is headed to an appeals court in Louisiana, this time involving a risk retention group that insures chartered public accountants which has a client embroiled in a complicated suit involving allegations of fraud against the Housing Authority of New Orleans (HANO)....
Property Development Sector Continues Recovery
The Property Development sector was among the hardest hit during the recession of the late 2000s, with premium in the sector plummeting 71.9% over a five year period. Although the premium volume for Property Development is still less than half of the 2006 peak, the sector is on the road towards recovery with projected premium growth for the fourth consecutive year....
RRGs and Opportunities for Reinsurers
The yearly publication Reinsurance for Risk Retention Groups published by the Risk Retention Reporter is now available in print and electronic formats at www.RRR.com. The first part of the report provides in-depth analysis of and key trends in of the utilization reinsurance by risk retention groups....
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RRGs & PGs
Lenders Protection Assurance Co., RRG
National Independent Truckers Ins. Co., RRG
Preferred Contractors Ins. Co. RRG, LLC
Preferred Property Program, Inc.