In a free webinar hosted by Strategic Risk Solutions (SRS), panelists will look back at captive activities in 2016 and what’s ahead in 2017.
The top 10 business risks for 2017, according to a survey of risk professionals, have been released by Allianz in its sixth annual "Risk Barometer." This article provides the top 10 lists from both a global and US perspective.
In its semi-annual reinsurance market survey, "Reinsurance Market Outlook," Aon Benfield reviews the market’s 2016 performance and looks ahead to the first half of 2017. The good news for captives is the market battle between traditional reinsurers and the capital markets comprised of private equity and insurance-linked securities continues.
The U.S. Treasury Department recently announced that European Union (EU) and U.S. representatives have successfully negotiated a bilateral agreement on insurance and reinsurance regulation intended to “provide enhanced regulatory certainty” for the industry.
The Affordable Care Act over the past 6 years has provided opportunities for captives and risk retention groups. Changes to the Act in the next presidency will most likely provide opportunities for new captive start-ups and stimulate growth of existing captives.
TxCIA has announced Lisa L. Havens will be joining the Texas Captive Conference as the keynote speaker on February 16 in Austin, Texas. She is senior vice president-legal counsel and system risk manager for Baylor Scott & White Healthcare in Texas and was Risk Manager of the Year in 2011.
For 2017, SIIA has announced four conferences, each focusing on a specific facet of the self-insurance/alternative risk transfer industry. The conferences include the Self-Insured Health Plan Executive Forum, the 2017 International Conference, the Legislative and Regulatory Conference, and the 37th Annual Educational Conference & Expo.
A.M. Best Data has produced a listing of the top audit and actuarial firms for the insurance industry ranked by total 2015 loss reserves. The ranking only includes firms listed on annual statutory statements of client insurance companies. Since the only types of captives required to file statutory statements are risk retention groups (RRGs), the number of clients and total of loss reserves used to develop the rankings do not include captives other than RRGs. The complete ranking was published in the January 2017 issue of Best's Review.
The Self-Insurance Institute of America, together with 32 other national associations, is continuing a campaign to protect the employer-based healthcare system with favorable changes in the Affordable Care Act.