Articles
A Guide to Actuarial Reports
There are numerous types of actuarial reports, and they can be as different as the actuaries who author them. This article gives guidance on which elements are required and which are a matter of style with the purpose of helping you to better understand actuarial reports. Read More
3 Important Components of a Captive Claims Handling Operation
Part of a captive insurance manager's responsibilities involves overseeing claims handling protocols for its clients. Since claims are typically the largest cost of running a captive insurer, it is important that the captive insurance manager encourage clients to consider this aspect of the captive's operations early in the formation process. Read More
RiverStone Acquires Its First Vermont Captive
RiverStone, the US insurance runoff specialist of the Fairfax insurance group, is pleased to announce the acquisition of Western Property & Casualty Insurance Company (Western P&C), effective August 31, 2022. Read More
Corporate Governance and External Peer Review
In this article by Robert Walling, Pinnacle Actuarial Resources, he discusses how the use of a peer review of the consulting actuary's work results in better corporate governance. Given the lack of insurance expertise on many captives' board of directors, the use of a peer review is certainly justified. Read More
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. Read More
Captive Insurance: Why or Why Not?
There are numerous factors to contemplate when deciding whether or not to form a captive insurance company. Read about some of the advantages and disadvantages of captive ownership to consider when deciding whether to form a captive insurance company or not. Read More
Employee Benefits in Captives: The Basics
A small but growing number of employers are tapping their captive insurance companies to fund employee benefit risks with a goal of reducing costs. This article reviews the basics, including the main drivers and the US Department of Labor approval process. Read More
Captive Insurers Need To Ask Investment Managers More Meaningful Questions
Alton Cogert, president and chief executive officer of Strategic Asset Alliance, offers the four specific questions that will lead to a more meaningful and useful investment manager meeting. Read More