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  • Nevis as a Captive Domicile: An Insider's Perspective Atlas Management provides an insider's point of view for those considering the Caribbean island of Nevis as an offshore captive domicile. As a captive domicile, Nevis has many advantages compared to other offshore jurisdictions says Atlas Management.
  • Risk Retention Groups Continue To Grow in Size and Importance Even in a soft market, risk retention groups (RRGs) have grown significantly and continue to play a vital role providing coverage to their tens of thousands of policyholder-owners. At the end of March 2018, 228 RRGs were doing business, up from just 100 in 2003, according to the Risk Retention Reporter.
  • NAIC Releases 2017 Annual Report and Strategic Plan The National Association of Insurance Commissioners' (NAIC's) annual report outlines its financial health, focuses on its budgeted initiatives and operations, and illustrates state insurance regulator efforts to safeguard insurance markets and protect consumers. While most captive insurers do not need to follow all NAIC protocols, it is wise to keep up with regulator activities.
  • OOIDA Risk Retention Group Battles for LRRA Preemption in Georgia The Georgia Supreme Court will rule on the Reis et al. v. OOIDA Risk Retention Group, Inc. case after the Georgia State Court of Appeals transferred the case to the Georgia high court on the constitutional issue of federal preemption. Frequently, these cases center on whether the federal Liability Risk Retention Act of 1986 (LRRA) preempts state law.
  • Reinsurance Transactions for Runoff and Captive Insurance Steve McElhiney, president and CEO of EWI Reinsurance, says about one-third of global captive insurance companies are dormant, meaning they are being used on a limited basis, or they may be a result of a merger. While these dormant captives may still have ongoing transactions, there is a way to unwind a dormant captive.
Captive-Trends 2018

Captive Insurance Issues and Trends 2018

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  Tax Calculator and Pen SF

Expected Adverse Development as a Measure of Risk Distribution

Risk distribution is a prerequisite for an insurance transaction to be deemed to have occurred and therefore achieve deductibility of premium for tax purposes. Captive owners seeking to determine whether their captive has sufficient risk distribution have a new methodology to consider in expected adverse development.
April 25, 2018 Read More
  Nevis Flag 600x300

Nevis as a Captive Domicile: An Insider's Perspective

Atlas Management provides an insider's point of view for those considering the Caribbean island of Nevis as an offshore captive domicile. As a captive domicile, Nevis has many advantages compared to other offshore jurisdictions says Atlas Management.
April 23, 2018 Read More
  Businessman with Questions-SF

Strategy and Risk: 5 Key Questions for Captive Insurers

One of the major roles that a captive insurer's board of directors fills is setting the correct strategy and risk profile for the entity. But many boards struggle with this responsibility. Our 5 key questions can help your board get a better understanding of how to deal with these issues.
April 18, 2018 Read More
  Growth 600x300

Risk Retention Groups Continue To Grow in Size and Importance

Even in a soft market, risk retention groups (RRGs) have grown significantly and continue to play a vital role providing coverage to their tens of thousands of policyholder-owners. At the end of March 2018, 228 RRGs were doing business, up from just 100 in 2003, according to the Risk Retention Reporter.
April 16, 2018 Read More
  Actuarial Report-SF

NAIC Releases 2017 Annual Report and Strategic Plan

The National Association of Insurance Commissioners' (NAIC's) annual report outlines its financial health, focuses on its budgeted initiatives and operations, and illustrates state insurance regulator efforts to safeguard insurance markets and protect consumers. While most captive insurers do not need to follow all NAIC protocols, it is wise to keep up with regulator activities.
April 11, 2018 Read More
  Gavel and Statute Section Symbols-SF

OOIDA Risk Retention Group Battles for LRRA Preemption in Georgia

The Georgia Supreme Court will rule on the Reis et al. v. OOIDA Risk Retention Group, Inc. case after the Georgia State Court of Appeals transferred the case to the Georgia high court on the constitutional issue of federal preemption. Frequently, these cases center on whether the federal Liability Risk Retention Act of 1986 (LRRA) preempts state law.
April 09, 2018 Read More
  Question marks 600x300

5 Questions Concerning Your Captive's Asset Allocation Model

Given recent changes in investment markets, captive insurers should take another look at their asset allocation models. A recent Strategic Asset Alliance presentation presents five potential shortcomings in assets allocation models and five key questions to ask your investment manager concerning their asset allocation model.
April 04, 2018 Read More
  Lynn sheils 600x300

Written Claims Handling Procedures for Captive Insurers

The best practice for a captive insurer is to have claims handling procedures, says Lynn Sheils, senior vice president and general counsel of EWI Reinsurance. The procedures should discuss all stages in the life cycle of a claim, including how notice will be handled, investigation standards, coverage evaluation, reserving approach, and claim closure philosophy.
April 02, 2018 Read More
  Hiring manager 600x300

Top Tips for Hiring a Captive Manager

Early on, the board of directors of a new captive insurer is charged with retaining a captive manager. The creation of a successful partnership between the board and this professional service provider is critical. In this article, Editor John Foehl discusses his top tips for conducting the request for proposal process when interviewing and retaining a captive manager.
March 28, 2018 Read More
  Steve McElhiney-SF

Reinsurance Transactions for Runoff and Captive Insurance

Steve McElhiney, president and CEO of EWI Reinsurance, says about one-third of global captive insurance companies are dormant, meaning they are being used on a limited basis, or they may be a result of a merger. While these dormant captives may still have ongoing transactions, there is a way to unwind a dormant captive.
March 27, 2018 Read More
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