Market News
Rethinking Metrics for Captive Domicile Performance
Sam Komo, captive manager with the Missouri Department of Commerce and Insurance, advocates rethinking how captive domiciles are evaluated. Rather than focusing on captive counts and premium volume, he recommends assessing service quality, specialized expertise, and regulatory relationships to find domiciles that align with a company's specific objectives. Learn More
Using Captives to Fund Climate Response with Parametric Solutions
Parametric risk transfer tools, though not always classified as traditional insurance, can work in tandem with captive programs to support rapid recovery from climate-related catastrophes. Dr. Marcus Schmalbach explains how companies can use captives to fund customized, trigger-based solutions that protect physical assets and enable immediate post-event response. Learn More
California Wildfires Drive Record $80 Billion Insured Losses in Early 2025
Swiss Re estimates $80 billion in global insured losses from natural disasters in early 2025, driven by record-setting California wildfires and US thunderstorms. Wildfire claims alone reached $40 billion. With hurricane season ahead, total losses could exceed projections. Urbanization and climate conditions continue to amplify the financial toll of catastrophes. Read More
Captive Insurers Outperform Peers Despite 2024 Profit Decline
US captive insurers outperformed commercial peers in 2024 despite lower net income, delivering billions in cost savings. An AM Best report cites efficiency, targeted underwriting, and expanding use for new coverages as drivers of continued profitability and strategic value in enterprise risk management. Read More
How North Carolina Balances Growth and Oversight in Captive Insurance
Joe Rosenberger of the North Carolina Department of Insurance shares how the state became a top domicile for captive insurance. He discusses regulatory clarity, innovation in coverage for emerging risks, and future plans to integrate artificial intelligence and improve digital filing systems to enhance speed to market and industry responsiveness. Read More
SIIA Launches 2025 Captive Industry Survey Ahead of National Conference
The Self-Insurance Institute of America (SIIA) 2025 Captive Industry Survey invites industry professionals to share insights on captive insurance trends, risks, and practices. Open through August 22, the results will be unveiled at the 2025 National Conference in Phoenix. Participants may win a discounted 2026 conference registration or a $250 Amazon gift card. Read More
Vermont Reaches 1,400 Licensed Captive Insurers
Vermont has licensed its 1,400th captive insurance company, marking a significant milestone. The announcement highlights the state's reputation for regulatory excellence and industry expertise, reinforcing its position as a leading captive domicile. The Vermont Department of Financial Regulation and industry partners were credited for supporting the state's continued success. Read More