Vermont Leads RRG Premium, Hawaii and D.C. Post Strong Gains
Vermont dominated figures for RRG premium by state of domicile in 2016 after a 4.4% increase took premium for the domicile up $1,882.0M. Other states with strong premium gains included D.C., Hawaii, and Nevada. Among established domiciles South Carolina and Montana saw the largest declines. ...
Special Report: Analysis of RRG Premium by Business Sector
Risk retention group premium continued to climb in 2016, increasing by 2.1% to $3090.3M. Risk retention groups formed in 2016 made a substantial contribution to RRG premium in this NAIC report, demonstrating that newer risk retention groups can adapt to the current soft market conditions as well. This month’s special report provides a breakdown of the 2016 premium data for RRGs by business sector and identifies the sectors that are driving premium growth....
2017 Risk Retention Group Directory & Guide Available in June
2016 was another productive year for the risk retention group industry. Formations hit their highest level since 2012 and new formations were spread across a wide range of business sectors, including the Leisure, Professional Services, and—the newly established—Hospitality sectors. More importantly these new risk retention groups made significant contributions to RRG premium growth in the 2016 RRG premium data, demonstrating that there are still untapped markets in which the RRG vehicle can be successful....
Special Feature: Gary Osborne on the Transportation Sector
For this month’s Special Feature Risk Retention Reporter Managing Editor Chris Diemel had an in-depth conversation with Gary Osborne, president of USA Risk Group, on the Transportation sector. The discussion includes the factors contributing to the aggressive growth in Transportation RRGs, some of the challenges of working in the Transportation space, and what it takes to run a successful Transportation risk retention group....
RRG Income Down by 25.7% in 2016
Income for risk retention groups took a hit in 2016, falling by 25.7% to $181.2M. Such declines in income are not unprecedented with the RRG industry experiencing a similar decline in 2013. The decline in income also mirrors the greater property/casualty market where income declined by 20% in 2016....
Risk Retention Roundup
This month no new risk retention groups were added to the Risk Retention Reporter listings and four RRGs were deleted, taking the total number of RRGs down to 231. Two new purchasing groups were added to Risk Retention Reporter listings and no PGs were deleted, taking the total number of purchasing groups up to 990....
Purchase individual articles
To purchase an individual article, please email email@example.com or call 626.796.4972 with the month and year of the issue. Articles are emailed in PDF format.
Subscribe to the RRR
- Monitoring of more than 1000 RRGs & PGs
- Comprehensive industry news
- Latest legislative & judicial developments
- Articles by industry experts
- Special reports and market surveys