Featured News

Industry Growth Featured News

Group Captive Signs Point Toward Growth, Young Says

Brady Young, president and chief executive officer of captive management firm Strategic Risk Solutions, Inc. (SRS), writes that management of group captives does not show signs of decline. In fact, he says, there is still growth in group captives.
June 06, 2016 Read More
Culture Matters Featured News

Captive Insurance Company Culture and Values Matter

Culture and values matter in the captive insurance industry, believes Captive.com coeditor John Salisbury, whose experience as a captive insurance company chief executive officer supports this conclusion.
June 08, 2016 Read More
Insurance Apprentices

Captive Insurance Talent War

The captive insurance industry must become more proactive in attracting young people into its ranks to secure its future.
March 15, 2016 Read More
Corporate Governance Panel FN

Captive Corporate Governance—The Case for Independent Directors

Captive corporate governance, including the use of independent directors, was the subject of a World Captive Forum workshop.
February 04, 2016 Read More

Hot Topics

Insurance Risk Definition HT

"Insurance Risk" Defined by IRS

Internal Revenue Service ruling specifies types of coverage that do not qualify as insurance risk for determining tax-deductibility of premiums paid to a captive insurer.
March 07, 2016 Read More
Taxes HT

Captive Insurance Again on IRS List

The year may have changed, but the Internal Revenue Service (IRS) preoccupation with captives as potential abusive tax shelters remains the same.
February 25, 2016 Read More
Upward Swing HT

Captive Insurers' Use of Swing-Rated Reinsurance Contracts Focus of SCCIA Webinar

The use of swing-rated reinsurance contracts by captive insurance companies, including actuarial, accounting, and regulatory implications, was the focus of a March 3, 2016, webinar hosted by the South Carolina Captive Insurance Association (SCCIA).
March 04, 2016 Read More

Recent News

Spirit Mountain Insurance Company RRG Rating Affirmed by Demotech

Demotech, Inc., has affirmed in their July 2016 news release, "Demotech Affirms the Financial Stability Rating Assigned to Spirit Mountain Insurance Company RRG, Inc," that Spirit Mountain Insurance Company RRG (SMIC) has been assigned the Financial Stability Rating of A (Exceptional). The risk retention group (RRG) structure is not atypical. It is owned by the International Association of Community Service Organizations (IACSO) and is the sole policyholder. SMIC writes an IACSO master policy and issues certificates of insurance to its members.
July 28, 2016 Read More

Captive Insurance Domicile Report Released for Montana

Montana Flag 
The Montana Captive Insurance Association (MCIA) issued its "Montana Captive Domicile Report 2015" at its recent annual conference. As shown in the report, Montana's captive industry started 15 years ago and the state's captive insurer count is now 191.
July 26, 2016 Read More

Captive Insurance Domicile Milestone—Happy 35th Anniversary, Vermont

Vermont State Capitol 
The 35th anniversary of Vermont's enactment of captive insurance legislation will be a multiday event starting Tuesday, August 9, during the Vermont Captive Insurance Association (VCIA) Annual Conference.
July 26, 2016 Read More

Captive Insurance Boards Should Consider Commonsense Principles

Feedback Meeting 
Last week a group of Fortune 100 business leaders including Warren Buffett and Mary Barra released a list of "Commonsense Corporate Governance Principles."
July 25, 2016 Read More

Comparing the Performance of Your Investment Manager

How does one know whether his or her portfolio has been performing well compared to those of other investment managers? Alton Cogert, president and chief executive officer of Strategic Asset Alliance, recently posted a blog on the Strategic Asset Alliance website discussing the use of statistics to gauge the past risk adjusted performance of a portfolio versus its future performance.
July 22, 2016 Read More

A.M. Best Annual “State of the Captive Insurance Market” Webinar

July 21, 2016 Read More

Risk Retention Group for Anesthesiologists Results Shine

Medical Apparatus 
Last week, A.M. Best upgraded the financial strength rating of Preferred Physicians Medical Risk Retention Group, Inc. (PPM), from A- to A.
July 20, 2016 Read More

CIMA Appoints Head of Insurance Supervision Division

Bermuda Beach Ocean 
The Cayman Island Monetary Authority (CIMA) announced yesterday that Mr. Ruwan Jayasekera has been confirmed to the post of Head of the Insurance Supervision Division at CIMA.
July 19, 2016 Read More

Captive Insurance Can Benefit Midsize and Small Businesses: Resources Available

Online Education 
Resources are available to help owners of small and midsize businesses obtain the knowledge they need when considering whether to form a captive insurance company.
July 18, 2016 Read More