Captives

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  U.S. Captives’ Headway Mirrors the Free Enterprise System

  By Jim Swanke, Paul Van Zuiden  |  May 13, 2013

  U.S. captive domiciles are healthy and growing, but it wasn’t always this way.

• Bermuda will Not Adopt Solvency II Requirements for Captives, says BMA

  By Anya Khalamayzer, PropertyCasualty360  |  January 30, 2013

  Bermuda, the world’s leading domicile for captive insurers, will not apply Solvency II equivalency to the captive businesses domiciled there, announced the Bermuda Monetary Authority on Tuesday.

• Willis Launches Data Management System for Healthcare RRGs

  By Anya Khalamayzer, PropertyCasualty360.com  |  December 4, 2012

  Willis has launched its new online underwriting and data-management system, WillisCaptus, for use by Risk Retention Groups, captives and healthcare providers.

• Alternative Risk Transfer May Not be Answer to Workers' Comp Rate Increases: Marsh

  By Mark E. Ruquet, PropertyCasualty360.com  |  November 16, 2012

  The workers’ compensation market is proving to be an increasing challenge for insureds and while alternative risk transfer mechanisms may help, close analysis needs to be made before venturing into a program, say executives from insurance broker Marsh.

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  Insurance Captives Finding Home Onshore

  By Anya Khalamayzer, PropertyCasualty360.com  |  August 17, 2012

  The years of dominance enjoyed by off-shore captive domiciles may be coming to an end as more captive formations move onshore into the United States and Europe, says a report from the Insurance Information Institute.

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  Economy Hurts Captive Results; Written Premiums Up as Companies Retain More Risk

  By Phil Gusman, PropertyCasualty360.com  |  August 3, 2012

  Captives are “starting to feel the squeeze” of market conditions, low-investment yields, and issues in the global-financial markets, according to A.M. Best, which reports that a composite of 209 captives it follows reported a decline in net income for 2011.

• Medical Malpractice’s Pair of Pain Points

  By Bonnie Cavanaugh  |  July 23, 2012

  Medical Malpractice insurers are struggling against a dwindling client base, a soft market, burgeoning jury awards and new federal health-care regulations as they try to retain current business and attract new clients.

• Companies Turning to Captives to Ease Rising Workers' Comp Costs

  By Mark E. Ruquet, PropertyCasualty360.com  |  July 18, 2012

  As the workers’ compensation line continues to experience poor underwriting results and strong momentum toward rate increases, more companies are turning toward forming captives to combat rising costs, a Marsh executive says.

• Change in Procedures Lets Medical Malpractice Industry Thrive

  By Arthur D. Postal PropertyCasualty360.com  |  May 14, 2012

  The medical-liability insurance industry has recently seen positive results and is working to minimize the “peaks and valleys” that it has historically seen, according to Brian K. Atchinson, the new president and chief executive officer of the Physician Insurers Association of America (PIAA).

• 831(b) Captives: ‘Small’ Option Is Increasingly Big Idea for Midsize Cos.

  By Dave Lenckus  |  May 3, 2012

  Despite their recent growth among midsize companies, these “small”-size risk vehicles aren’t for everyone—and may attract unwanted attention from the IRS

• Increasing Number of Captives Opt to Domicile on U.S. Soil

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 3, 2012

  Grounding no longer sounds so bad: Driven by financial incentives, new captives are choosing to stay closer to home.

• GAO, NRRA Spar over Federal RRG Law and What Comes Next

  By Anya Khalamayzer, PropertyCasualty360.com  |  April 25, 2012

  The battle between the National Risk Retention Association and the Government Accountability Office rages on as the private group has publicly criticized a GAO report calling for clarification of a federal law regulating risk retention groups.

• RIMS Preview: Demand for Supply-Chain Education and Getting Smarter on Cyber

  By Anya Khalamayzer, PropertyCasualty360.com  |  April 5, 2012

  National Underwriter risk board members and RIMS veterans weigh in on their past experiences, present hopes and future expectations of the 2012 Risk and Insurance Management Society Conference.

• More Costly Weather Disasters on the Way, Climate Scientists Warn

  By Seth Borenstein, AP Science Writer  |  March 29, 2012

  Global warming is leading to such severe storms, droughts and heat waves that nations should prepare for an unprecedented onslaught of deadly and costly weather disasters, an international panel of climate scientists said in a new report issued Wednesday.

• Speaking Financial-ese: Successfully Integrating Treasury & Risk

  By William Atkinson  |  March 15, 2012

  When it comes to providing information to senior financial executives, risk managers need to understand the importance of speaking the language of the treasurer and CFO—and not the language of risk and insurance. They also need to understand the importance of using broker information and assistance appropriately.

• The Broker’s Role in Helping Integrate Risk Management & Treasury

  By William Atkinson  |  March 15, 2012

  Brokers fully understand the important supporting role they play in helping risk managers prepare reports and presentations to senior financial management.