Captive insurance companies should be in a continual process of evaluation, and captive owners should continually be reviewing and evaluating their captive program's exposures, coverages, and limits of liability to determine how these impact the capital in their captive, according to captive experts.
Kevin Doherty of Dickinson Wright PLC says that the captive industry is full of innovators and captives are continuously innovating. According to Mr. Doherty, some of the more interesting concepts that have emerged involve the use of cell structures.
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.
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.