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"Captive Reinsurance Pools … Where's My Money?"

June 17, 2014
As the number of captives, captive managers, and risk distribution (reinsurance) pools continues to grow rapidly, the opportunity for a scandal in the captive industry also grows, a commentary by James Landis recently published on the Insurance Thought Leadership website asserts.

One question Mr. Landis, an experienced captive industry consultant, poses in the article is "What is the role, if any, of the captive insurance regulator" with respect to captive reinsurance pools and risk distribution? His review of legislation of 14 of the most active captive domiciles identifies 8 that have no legislative provision that monitors or limits the activities of reinsurance pools (other than actual reinsurance companies licensed in their own domicile).
Read the article.
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