Market News

This article outlines best practices for captive insurance applications and business plans, covering feasibility, regulatory expectations, financial requirements, and governance. Drawing on insights from industry practitioners, it highlights common pitfalls, the importance of consistency, and how captives evolve over time through ongoing review and structural adjustments. Read More

A World Captive Forum panel explored how captive insurance domicile selection has evolved into a strategic decision. Speakers emphasized operating model fit, regulatory alignment, tax considerations, and market access as key factors influencing long-term success, flexibility, and the need to align domicile choice with both current and future captive objectives. Read More

Captive insurance companies can address legacy liabilities through liability transfer solutions such as loss portfolio transfers and novations. These strategies support capital efficiency, reduce risk, and streamline operations. A simplified modeling framework helps captive owners evaluate potential transactions and quantify capital release, enabling more informed strategic and financial decision-making. Read More

The North Carolina Captive Insurance Association's (NCCIA's) board discussed legislative priorities, regulatory developments, and planning for its upcoming conference. The association reported stable financials, ongoing collaboration with regulators, and efforts to strengthen member engagement. Additional governance updates included the creation of an immediate past chair role to support leadership continuity. Read More

A Gallagher Re report finds that artificial intelligence (AI) adoption is creating new liability risks not fully addressed by traditional insurance. Coverage gaps exist across cyber, errors and omissions, and liability policies, particularly for AI-driven outputs and decision failures. The report highlights growing litigation and emphasizes the need for dedicated AI insurance solutions. Read More