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

Captive Insurance Companies Association (CICA) President Harwick Announces 2017 Retirement

Retirement 
Dennis Harwick, president of the Captive Insurance Companies Association (CICA), has announced that he will retire from his current position at the end of June 2017.
June 24, 2016 Read More

Captive Insurance Domiciles Bermuda, Gibraltar Brexit Impact Described

Exit Sign 
Bermuda, the world's largest captive insurance domicile, will not be adversely impacted by Britain's June 23, 2016, vote to leave the European Union (EU). The exit will, however, have a negative impact on Gibraltar-domiciled captives writing in the EU.
June 24, 2016 Read More

Captive Insurance Companies Have Resource for Considering Cyber-Liability

Cyberrisk 
Is cyber-liability coverage being considered for your captive insurance company? A benchmark research study, titled "2016 Cost of Data Breach Study: Global Analysis," sponsored by IBM and conducted by Ponemon Institute LLC, may help with your decision making.
June 23, 2016 Read More

Captive Insurance Independent Directors May Utilize Generative Thinking

Feedback Meeting 
Two articles this past week caused us to reflect on why independent directors may also enhance a captive insurance company board's ability to utilize generative thinking about the future.
June 22, 2016 Read More

Captive Insurers Evaluating Domiciles Have Helpful Reference

USA Outline 
Captive insurance companies evaluating domiciles can find a helpful reference in the National Association of Insurance Commissioners (NAIC) annual Insurance Department Resources Report; the first volume of the 2015 edition has just been announced.
June 21, 2016 Read More

Risk Retention Group for Emergency Medical Care Rating Affirmed

Emergency Medicine 
The Demotech, Inc., Financial Stability Rating of A, Exceptional, has been affirmed for Emergency Capital Management, LLC, RRG (ECMRRG), according to a Demotech, Inc., press release.
June 20, 2016 Read More

Captive Insurance Companies Redomesticating to Tennessee May Receive Tax Break

Tennessee Flag 
The recently enacted provisions in Tennessee's 2016 legislation make it easier for companies to redomesticate to Tennessee.
June 17, 2016 Read More

Captive Insurance To Take the Stage in Vermont in August

VCIA 2016 Image for Articles 
The Vermont Captive Insurance Association (VCIA) 2016 Annual Conference, scheduled for August 9–11, 2016, at the Burlington Sheraton and UVM Davis Center, is the place to be for all those active in the captive insurance industry or those interested in learning more about the benefits of forming a captive.
June 17, 2016 Read More

Captive Insurers Have Source of Ideas for Empowered Future

Future Empowerment 
KPMG's Global Insurance practice has released a report, the first in a planned series, titled "Empowered for the Future: Insurance Reinvented." The report is based on findings from a survey of 70 insurance executives.
June 16, 2016 Read More