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Health Care Sector Fueling RRG Growth

Risk retention launches off to fast start in 2006, on pace for a record

By Karen Cutts | Updated on April 23, 2006

The number of risk retention groups formed so far this year is higher than in any other first quarter over the past five years, surpassing both 2003 and 2004–years in which record numbers of RRGs were launched.

There were 58 RRGs formed in 2003 and 54 in 2004–but launches slowed down during the softening commercial lines market last year, with the total falling to 33.

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