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.
Single-parent and group captives have played a large role in allowing employers to self-insure their workers compensation risks. We look at new reports on InsurTech and medical costs as we gauge whether the positive pricing trends are likely to continue.