Market News
Captive Insurance 2025 Year in Review: Growth, Risk, and Resilience
The captive insurance industry experienced strong growth in 2025, driven by demand for flexible risk financing, expansion into new coverages, and advances in technology. Industry leaders highlighted increased risk retention, evolving domiciles, and heightened pressure in auto, healthcare, and liability markets, underscoring captives’ expanding strategic role. Learn More
TDCI Reports Continued Captive Growth and Expanding Risk Trends in Tennessee
The Tennessee Department of Commerce and Insurance (TDCI) reported sustained captive insurance growth in 2025, with 191 captives and 708 active cells. Officials noted increased use of captives for medical stop-loss, cyber, and municipal risks, with expectations for continued growth amid traditional market volatility. Learn More
NCCIA Highlights 2025 Growth, Opens Planning for 2026 Conference
The North Carolina Captive Insurance Association (NCCIA) closed 2025 by highlighting strong member engagement and collaboration with regulators, noting the state's position as the third-largest US captive domicile. NCCIA also announced 2026 conference sponsorship opportunities, an upcoming call for presentations, and year-end membership reminders. Read More
Cyber-Security Budgets to Climb in 2026 Amid Rising Third-Party Risks
Marsh's 2025 cyber report shows that two-thirds of global organizations plan to increase cyber-security spending in 2026. Top concerns include ransomware, privacy breaches, and third-party risks. While overall confidence is high, gaps remain in specific capabilities. Firms are prioritizing technology, preparedness, and talent to strengthen enterprise-wide cyber-risk management. Read More
Board Oversight in Captive Insurance Companies
This article explores the role of the board of directors in captive insurance governance. It outlines core responsibilities including financial and actuarial oversight, regulatory compliance, risk management, fiduciary duties, and strategic alignment, emphasizing how effective board engagement supports long-term captive stability and regulatory confidence. Read More
Most Commercial Lines Saw Premium Renewal Rate Increases in November
November 2025 "Ivans Index" results indicate that most commercial insurance lines, including those relevant to captive insurance programs, continued to see year-over-year premium renewal increases, while month-over-month changes varied by line. Workers compensation remained the only major line showing a year-over-year decline. Read More
Why Letters of Credit Still Anchor Captive Insurance Collateral
Letters of credit remain the most widely used collateral tool in captive insurance programs, valued for their reliability and regulatory acceptance. In this podcast episode, Martin Ellis of Comerica Bank walks through how letters of credit function, how group structures use back-to-back arrangements, and how they compare with trusts and cash in balancing liquidity, cost, and investment flexibility. Read More