US Captive Insurance Segment Continues To Outperform Commercial Market
The US captive insurance segment continued to generate profits and increase surplus during 2021 while outperforming commercial market peers, according to A.M. Best. Best said that US captives that it rates reported a strong year, with pretax operating income of $1.0 billion, down slightly from $1.1 billion in 2021. Learn More
KeyState Captive Management Moves into New Vermont Office
KeyState Captive Management, a major captive manager, has moved to a new office in Vermont. The company is now located at 30 Main Street in downtown Burlington. Currently, KeyState manages 8 Vermont-domiciled captives and a total of more than 100 captives in US domiciles. Learn More
Article Examines the Health Insurance Analogy in Explaining Captives
A recently published article suggests using a health insurance analogy to explain the workings of captive insurance to those unfamiliar with the concept. In their article, "Captive Insurance: The Health Insurance Analogy," Joel S. Chansky and Michael C. Meehan of Milliman, Inc., acknowledge that captive insurance is a narrow niche. Read More
Insurance Landscape 2025—What's in It for Captive Insurance?
As the insurance market evolves, there may be upwards of $200 billion of new product development premium available. Where do captive insurance companies fit within this landscape, and how do they profitably maximize their participation? Read More
Once Again, Mother Nature Provides a Lesson in Probability
Sometimes Mother Nature provides an excellent lesson in probability. This past week, it was the catastrophic failure of the Texas power grid due to extreme cold weather. It is a reminder that captive insurance company managers and board members need to have a working knowledge of probability and statistics. Read More
Does Your Captive Insurance Company Use Forward-Looking Modeling?
Forward-looking models being used by insurers and reinsurers to better understand changing and increasing risks could benefit some captive insurance companies. In a hardening reinsurance market, captives whose management and boards are educated on the topic could have an advantage when meeting with underwriters. Read More
5 Questions for Captive Insurance Companies in 2021
With the beginning of a New Year, here are five questions captive insurance companies should consider as they survey the operating environment in 2021. Areas covered by the questions include reinsurance markets, investments, personnel, regulation, and strategy and planning. Read More