Capstone Associated


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What's Your Captive's Cyber-Security Risk Profile?

Cyber-security threats continue to grow. What's your captive's cyber-security risk profile? Developing a risk profile provides your captive with a clear illustration of the threats it faces and enables you to begin a proactive process to counter these risks.
July 18, 2018 Read More
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Parallel Cloud Computing: Making Massive Actuarial Risk Analysis Possible

Machine learning is spreading quickly across many industries, including the insurance sector with applications in actuarial analysis, and is showing promising results for making better predictions and automating manual tasks. Advances in cloud computing provide the ability to speed up the time it takes to do so.
July 16, 2018 Read More
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Capstone Part 2: Commentary on "Reserve Mechanical" Policy Pricing

Capstone Associated Services, Ltd., focuses on policy pricing in its second follow-up commentary about the "Reserve Mech. Corp. v. Commissioner" case.
July 11, 2018 Read More
Stewart Feldman

Captive Insurer Tax Challenges

Stewart Feldman, CEO of Capstone Associated Services, says that captive insurance taxation issues concern three areas: 1) risk transfer, 2) risk distribution, and 3) common notions of insurance. For a captive, the focus should be on the insurance aspects of the transaction with the financial and tax aspects being secondary.
July 11, 2018 Read More
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Parametric Insurance: A New Spin on an Old Product

Parametric insurance is not an indemnification product. Instead, parametric insurance is a coverage where a benefit payable is determined in advance of the policy purchase by estimating the loss as accurately as possible, subject to certain conditions being satisfied. The policy cost is based on a predetermined trigger.
July 09, 2018 Read More
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Data Analytics for Captive Insurers—Key Considerations

Data analytics and predictive modeling continue to evolve. Captive insurers are advised to understand the concepts and costs involved. Data analytics can help optimize the captive's risk appetite and risk portfolio.
July 02, 2018 Read More
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Capstone: "Does Captive Insurance Exist after the 'Reserve' Decision?"

Capstone Associated Services, Ltd., provides additional commentary about the Reserve Mech. Corp. v. Commissioner case in a piece titled, "Does Captive Insurance Exist after the 'Reserve' Decision?"
June 28, 2018 Read More
VCIA Rich Smith

Vermont's Captive Conference Is Part of a Thoughtfully Woven Tapestry recently crossed paths with Rich Smith, president of the Vermont Captive Insurance Association (VCIA), to discuss its annual captive conference, happening August 7–9 in Burlington, Vermont. True to this year's conference theme, "Where the Captive World Comes to Meet!" VCIA will host 1,100 people from all over the world.
June 27, 2018 Read More
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You Own a Captive Insurance Company, Now What?

It is important that new captive owners know what to expect from their captive manager to ensure the captive insurance company is running in a profitable manner and in full compliance with the chosen captive domicile's laws and regulations.
June 25, 2018 Read More

Recent News

Global Captive Management Promotes 3 Key Personnel

Global Captive Management Ltd. has made three key promotions to its senior management team. The promotions include Jennifer Reid to senior vice president, Ian Bridges to senior vice president, and Alanna Trundle to vice president.
July 20, 2018 Read More

Risk Strategies Acquires Captive Manager, Oxford Risk Management

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Insurance brokerage firm Risk Strategies has acquired Oxford Risk Management Group (Oxford), an alternative risk and captive insurance and consultant. Oxford conducts captive feasibility analysis and also coordinates and manages turnkey captive insurance company arrangements, both domestically and internationally.
July 20, 2018 Read More

Clayton Price Joins Beecher Carlson Captive Practice In Cayman

Clayton Price  
Beecher Carlson Insurance Services, LLC, has appointed Clayton Price to head its Cayman Islands captive practice management operations.
July 19, 2018 Read More

Ian Podmore To Head Willis Towers Watson Captive Underwriting

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On June 25, Ian Podmore joined Willis Towers Watson as the head of captive underwriting for the United States. Mr. Podmore is based in North Carolina.
July 19, 2018 Read More

FEMA Launches FloodSmart Re Cat Bond for NFIP Flood Risk

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The Federal Emergency Management Agency (FEMA) will launch a cat bond to transfer risk from the National Flood Insurance Program (NFIP) to the capital markets through FloodSmart Re, Ltd., a Bermuda-domiciled special purpose vehicle.
July 19, 2018 Read More

Cayman Issues 14 New Captive Insurer Licenses in Second Quarter 2018

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The Cayman Island Monetary Authority (CIMA) reported that it issued 14 new captive insurer licenses in the second quarter of 2018. Highlights from the CIMA data are presented as well as class description summaries.
July 18, 2018 Read More

Swiss Re sigma: Global Insurance Premiums Continued To Rise in 2017

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Swiss Re's latest sigma report reveals that emerging markets continue to be a key driver of global premium growth, particularly in the life sector, as China remained among the world's fastest growing insurance markets. Swiss Re expects global non-life premiums to rise, led by the US, where the economy is strengthening.
July 17, 2018 Read More

Guernsey ILS Market Update

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Guernsey has seen a positive start to the year in the insurance-linked securities (ILS) market. To date, statistics for new cells of protected cell companies, the main method of writing new ILS business, are well ahead of those for 2017.
July 17, 2018 Read More

Insurance Sector Responses Follow UK Government Brexit White Paper

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The UK government's Brexit white paper further defines the United Kingdom's position surrounding its exit from the European Union. Regarding financial services, the white paper confirms that the United Kingdom will leave the EU Single Market, will no longer operate under the European Union's "passporting" regime, and will not adopt an equivalence regime.
July 16, 2018 Read More

ICCIE Updates: CICA Partnership, New CE Guidelines, 17 New Designees

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The International Center for Captive Insurance Education (ICCIE) is partnering with the Captive Insurance Companies Association (CICA) on a new career development program and has updated its continuing education (CE) guidelines for Associate in Captive Insurance designation graduates. ICCIE has also announced 17 new captive insurance designees.
July 13, 2018 Read More

KBRA: Atlantic Hurricane Season Predictions Revised

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Kroll Bond Rating Agency (KBRA) released a research report as two of the leading hurricane forecasters reduced their outlooks for the 2018 Atlantic hurricane season. The revised forecast from Colorado State University called for below average activity. AccuWeather also reduced its forecast, remaining more in line with historical averages.
July 13, 2018 Read More

US House Passes International Insurance Standards Act of 2018

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The US House of Representatives passed the International Insurance Standards Act of 2018 (H.R. 4537) on July 10, 2018. The legislation is intended to preserve the US state-based system of insurance regulation while giving Congress greater oversight of and transparency in international insurance standard-setting negotiations.
July 12, 2018 Read More

Commercial Lines Market Continues To Harden, According to IVANS

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IVANS has announced its second quarter 2018 "IVANS Index: Premium Renewal Rate Index" results. The outcomes showed a general uptick in premium renewal rate change across the commercial lines of business compared to first quarter 2018.
July 12, 2018 Read More