Captive Insurance Industry and Alternative Risk Transfer Market News

MSI Workers Comp Solutions


Suppy Chain Principles-SF

Business Interruption and the Interconnectivity of the Supply Chain

Over the past several years, a number of independent reports have been published detailing the biggest, most egregious risks facing businesses. Whether we're talking about a "top 10" list or a "top 5," the real constant across the board was business interruption and its devastating impact. Find out how captive insurance can help.
August 21, 2019 Read More
Leane Rafalko-SF

Leane Rafalko Offers an Insider's Perspective on North Carolina Captives

Leane A. Rafalko, chief captive analyst for the North Carolina Department of Insurance, Captive Insurance Companies Division, discusses a wide range of issues, including the growth of North Carolina as a captive domicile, changes state lawmakers have made to North Carolina's captive statute, and the future of captive growth.
August 19, 2019 Read More
Three Keys to Success-SF

3 Key Components to Managing a Successful Captive

There are many different components involved in running a captive insurance company. While completing audits, filing tax returns, and tending to other regulatory compliance items are important, a captive insurer should also consider other key components to ensure its success.
August 14, 2019 Read More
Workers Compensation Claim Form-SF2

Utilizing a Captive for Workers Compensation Large Deductible Programs

Workers compensation large deductible plans provide up-front premium savings for organizations. Some organizations choose to maximize the financial benefit by utilizing a captive insurance company to insure the large deductible.
August 12, 2019 Read More
5 Film Countdown-SF

5 Reasons Not To Form a Captive Insurer

There are five key questions to ask before deciding whether to form a captive insurance company. We rank the questions in order of importance and provide a road map for prospective captive owners to consider.
August 05, 2019 Read More
Karin Landry-SF

Karin Landry: Captives Are the Whiteboard of the Insurance Industry

Karin Landry of Spring Consulting Group discusses the advantages of funding employee benefits in a captive insurance company, the status of a US Department of Labor (DOL) freeze on captive benefit funding applications seeking rapid DOL review, and future growth of captive benefit funding.
July 29, 2019 Read More
Dave Provost-SF

Captives No Longer the Alternative Market, Says Vermont's David Provost

In an interview with, David Provost, who holds the position of deputy commissioner of captive insurance in Vermont, discusses some of the reasons for captive growth in the state, as well as a wide array of captive insurance company issues.
July 24, 2019 Read More
Gavel and Dollars-SF

Syzygy Insurance Co. v. Commissioner: What You Should Know

Syzygy Insurance Company, a microcaptive created by Highland Tank & Manufacturing Co. and its associates did not qualify as an 831(b) microcaptive entity between the years of 2009 and 2011. Find out what you should know about this Tax Court case.
July 23, 2019 Read More
Hurricane-Koch Interview

Aaron Koch: ILS Will Continue To Play an Increasing Role for Captives

As part of our ongoing commitment to provide thoughtful commentary concerning issues impacting captives and the broader insurance markets, we spoke with Aaron Koch of Milliman's insurance-linked securities (ILS) group about the current state of affairs in the ILS market and how captives are utilizing this segment.
July 22, 2019 Read More

Recent News

North Carolina Association Pays Tribute to Key Contributors to Domicile

NCCIA Distinguished Service Awards 2019-SF 
At this year's North Carolina Captive Insurance Association (NCCIA) conference, the NCCIA paid tribute to important players who helped shape the captive domicile and who served on the association's board of directors.
August 23, 2019 Read More

Fitch: Exposure to Long-Term Care "Remains a Plague"

Long-Term Care-SF 
Many insurers remain underreserved against the losses associated with US long-term care insurance where legacy exposures continue to plague them, according to new information from Fitch Ratings.
August 23, 2019 Read More

Below-Average Cat Losses Boost Reinsurer Profitability

Money graph 
According to the latest information from Fitch Ratings, Fitch-monitored reinsurers grew by 11.3 percent in the first half of 2019, with underwriting profitability boosted by below-average catastrophe losses.
August 22, 2019 Read More

Insurers Seek Out Differentiating Capabilities with Advanced Analytics

Data Analytics 
Technology advances in the form of advanced analytics are enabling property and casualty insurers to unlock new frontiers in risk assessment and mitigation, according to Swiss Re's latest sigma report.
August 22, 2019 Read More

Pinnacle Actuarial Resources Welcomes Back Ken Hawkins

Ken Hawkins-SF 
Ken Hawkins has joined Pinnacle Actuarial Resources, Inc., as a consulting actuary in the firm's Bloomington office. Mr. Hawkins returns to Pinnacle following 3 years of leading pricing and rate implementation for a regional property-casualty insurer's commercial lines products.
August 21, 2019 Read More

Podcast Now Available: Workers Compensation Captive Solution

Management Services International (MSI) has just released its latest podcast, titled "Captive for Dummies: Workers Compensation Captive Solution," which is immediately available free of charge at the MSI podcast library. 
August 20, 2019 Read More

Crumbling Foundations Captive Superintendent To Step Down

Foundation Repair-SF 
Michael Maglaras, principal of Michael Maglaras & Company, recently announced that he will step down in October as superintendent of the Connecticut Foundation Solutions Indemnity Company, Inc., the captive insurance company charged with providing financial assistance to homeowners affected by the crumbling foundations natural disaster.
August 19, 2019 Read More

Global Insurance Industry Views Technology Modernization as Threat

Modernize Technology Concept 480x377 
The urgent need for business and technology modernization poses the greatest threat to the global insurance industry, according to The Insurance Banana Skins report, published by the Centre for the Study of Financial Innovation in association with PwC.
August 16, 2019 Read More

Insured Catastrophe Losses $19 Billion First Half of 2019

Natural Disasters 480x377 
Insured losses from natural catastrophes and man-made disasters in the first half of 2019 totaled $19 billion, according to Swiss Re Institute's preliminary sigma estimates.
August 16, 2019 Read More

Captive Insurance Solution Used for Large UK Pension Scheme Deal

IRA Pension Retirement 
In the second-largest-ever deal of its type, HSBC in Bermuda (advised by Aon) set up a £7 billion captive-insurance-based pension longevity swap, involving the HSBC Bank (UK) Pension Scheme and Prudential Insurance Company of America (PICA).
August 15, 2019 Read More

IVANS: Some Commercial Lines Products Show Renewal Rate Increase

Increasing Graph 480x377 
IVANS announced its July 2019 results showing a downtick in premium renewal rate change across half of the commercial lines products, including commercial auto, general liability, and commercial property. Businessowners policy, umbrella, and workers compensation experienced slight positive changes in July.
August 15, 2019 Read More

Registration Now Open for the 39th IRMI Construction Risk Conference

International Risk Management Institute, Inc. (IRMI), has opened registration for the 39th IRMI Construction Risk Conference. The Conference will be held November 10–13, 2019, at the Washington State Convention Center in Seattle.
August 14, 2019 Read More

Global Commercial Insurance Pricing Up 6 Percent

global increase -SF 
Marsh recently released its "Global Insurance Market Index," which showed that average commercial insurance prices increased 6 percent in second quarter 2019.
August 13, 2019 Read More