The SECURE Act
Let ALIRT help you implement a “best practice” approach to selecting annuity carrier partners as part of your fiduciary duty and safe harbor requirements.
Trends in Individual Annuities
In this review, we concentrate on the recent changes in the annuity product landscape
ALIRT Research – Lloyd’s of London Market Overview – 2023
The following overview reflects results for ALIRT’s Composite as well as those for the Lloyd’s market as a whole, based on the organization’s annual report issued in late March.
A.M. Best Negative Rating Actions 2023 – 1Q2024
It is now common knowledge that calendar year 2023 was a difficult one for property insurers, whether those focused on personal lines (homeowners and auto physical damage) or commercial lines (fire and/or
Badger Mutual Faces Severe A.M. Best Downgrade – Regional Property/Auto Insurers Under Pressure
The worsening plight of a number of smaller regional property & casualty insurers was on full display today as A.M. Best downgraded Milwaukee-based Badger Mutual Insurance Company (BMIC) three pegs from B+
ALIRT Research – Fronting Insurers Update
Given the recent bombshell regarding fraudulent collateral issues at insurtech Vesttoo – a development which follows closely upon a $60 million collateral dispute write-down by Trisura in 4Q2022 – we provide below
Largest U.S. Surplus Lines Carriers Underperforming the Broader Commercial Lines Market
Last month, A.M. Best released its annual study of the U.S. surplus lines market. We thought this a perfect opportunity to review the financial quality of the largest domestic E&S insurers,
More Trouble Ahead For U.S. Property Insurers? Heeding The Canaries In the Coalmine
ALIRT recently noted the substantial downgrade of Texas property insurer Germania Farm Mutual Insurance Association (GFMIA) followed closely by the liquidation of Kansas-based MutualAid eXchange (MAX). While we would normally not
ALIRT Industry Update: U.S. PC Review Six Months 2023
Below we provide first six months of 2023 (6M23) financial highlights for the ALIRT P&C Composite1, based on insurers’ statutory financial statements.
Overview of Reciprocal Insurance Exchanges and Recent Market Trends
Reciprocal Insurance Exchanges (RIE; also referred to interinsurance exchanges) have long been a part of the property & casualty (P&C) insurance industry, with roots dating back to the late nineteenth century. Many
Cracks Starting to Show? Fallout From Collateral Issues with Vesttoo
It’s tough times for the U.S. property & casualty (P&C) Industry. Tough times for insureds who confront ever higher rates in most lines of business, for (re)insurers which are struggling to right-size
ALIRT Update: Residual Market Trends in Higher Risk States
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ALIRT Industry Update: U.S. PC Review Three Months 2023
Below we provide first quarter 2023 financial highlights for the ALIRT P&C Composite1, based on insurers’ statutory financial statements.
No Surprise – Hallmark Insurer Subsidiaries Downgraded
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Florida Domestic Insurer Market Update
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Risk Retention Group Market Overview
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Louisiana Homeowners Insurance Market – Incentive Program Applicants
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Argonaut to Be Acquired by Brookfield Re: Aspen Redux?
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The Spectrum Approach to Insurer Financial Oversight – PC
Adopting a binary approach to the consideration of an insurer’s financial strength; i.e. that the carrier is either solvent (good) or insolvent (bad), is a common and potentially costly due diligence mistake.
P&C Mutual Insurance Market Overview
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ALIRT Insurance Review: U.S. P&C Insurance Industry YE22
Highlights Below we provide full year 2022 financial highlights for the ALIRT P&C Composite[1], based on insurers’ statutory financial statements. ALIRT Composite surplus fell 8.3% in 2022 as operating earnings of
