Articles
What Is a Protected or Segregated Cell Captive?
Captive insurers fall into two main groups. Pure captives are 100 percent owned, directly or indirectly, by their insureds. Sponsored captives are owned and controlled by parties unrelated to the insured. Read on to learn about rental captives and protected cell captives. Read More
Upping Your Governance Game Plan
We recently reviewed the report from the Strategic Risk Solutions corporate governance survey. While the overall results are encouraging, it is clear the captive community still lags behind our commercial competitors when it comes to good corporate governance. Read More
The Challenge of Harnessing Data within Healthcare Liability Captives
Breaking down claims data silos to bring various data sets together in healthcare systems requires a systematic approach, according to a panel of experts who recently spoke at the World Captive Forum. Read More
First Impressions: SRS Governance Survey
We provide a review and opinion on the recent Strategic Risk Solutions (SRS) captive corporate governance survey. We note where captives are falling short of best practices and also offer some thoughts for how captive insurers might improve. Read More
KBRA Perspective: Captive Insurer Rating Methodology
Kroll Bond Rating Agency (KBRA) says that different rating agencies have their own specific methodologies and perspectives. KBRA describes motivators for captive insurance companies to obtain credit ratings and discusses their own rating methodology. Read More
Reserve Mechanical Contemplation and Further Discussion
Alan Fine of Brown Smith Wallace contemplates the conclusions reached and supporting rationale used by the US Tax Court in the second small captive case, "Reserve Mechanical Corp. v. Commissioner of Internal Revenue," and believes there are a few areas that continue to warrant discussion. Read More
2018: A Look Back at Captives and a Vision of Success
Michael Maglaras of Michael Maglaras & Company looks back at 2018 and discusses the reason why he thinks captives are still being formed and maintained in an environment very deeply affected by a continuing soft commercial market condition. Read More
Cyber Risk: A Devious Data Dilemma
Read the latest from Aaron Hillebrandt of Pinnacle Actuarial Resources, Inc., who discusses the "devious dilemma" of dealing with cyber-risk data reliability and the need to understand what the data represents. Read More