Articles

Captive insurance company boards must go beyond financial literacy and develop a solid understanding of key actuarial principles. Actuarial literacy enables better oversight of reserves, pricing, and risk strategy—helping captives stay solvent and effective. Training and clear communication with actuaries are essential for modern governance. Read More

Spring Consulting recommends regular refeasibility studies for captive insurance to align with shifting risk profiles and regulations. By reviewing performance and financing strategies, captives can continue to meet organizational goals efficiently, ensuring their structure remains relevant and sustainable in an evolving risk landscape. Read More

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

Captive insurers utilize reinsurance to mitigate risks, stabilize earnings, and comply with regulatory requirements. They may operate as direct insurers or as reinsurers through fronting companies, which allows them to access broader services and potentially achieve tax benefits, while maintaining compliance across various jurisdictions. Read More

A captive insurer can report strong financial results yet lack cash when claims come due. This article explains how premium collections, investment liquidity, reinsurance reimbursements, and claim payments affect cash flow. It also outlines questions board members can ask to identify potential shortfalls and assess the captive's ability to pay claims. Read More

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

Increasingly, organizations today utilize some form of captive insurance to fund the costs of employee benefits such as medical and life insurance, accidental death and dismemberment, long-term disability, and retirement. Learn about the advantages and disadvantages of funding benefits through a captive insurance company. Read More

To build an effective board for a captive insurer: develop a clear mission, recruit diverse skills, keep the board size manageable, establish clear roles and governance rules, and foster a culture of healthy debate. These steps ensure comprehensive oversight and efficient decision-making, enhancing governance and performance. Read More