Market News
Marsh 2026 Benchmarking Report Highlights Continued Captive Growth
Marsh's 2026 Benchmarking Report found continued growth in captive insurance during 2025, despite softer commercial market conditions. The report highlights increased premium volume, expanding use of alternative structures, growth in cyber and emerging risks, evolving domicile preferences, greater reinsurance utilization, and broader strategic use of captives. Learn More
Tennessee Reports Continued Captive Insurance Growth
Tennessee's captive insurance sector continued to expand, with premium volume exceeding $4.6 billion and new captive formations adding to the state's growth momentum. In a recent newsletter, Tennessee Department of Commerce & Insurance officials highlighted year-over-year increases in captives, cells, and risk-bearing entities, while also announcing additions to the captive insurance team. Learn More
NCCIA Highlights Advocacy, Conference Growth Efforts
The North Carolina Captive Insurance Association's (NCCIA's) May newsletter highlighted legislative advocacy, federal outreach, conference growth, and new sponsorship support from First Citizens Bank. NCCIA also shared updates on North Carolina legislative developments, exhibitor opportunities, and preparations for its annual conference in Charlotte, reflecting continued momentum in the captive insurance industry. Read More
Glossary Spotlight: Collateral
Collateral provides financial security for future obligations within captive insurance and reinsurance arrangements. Common forms include letters of credit and insurance trust funds. In captive insurance programs, collateral is frequently required by fronting insurers and reinsurers to reduce credit risk and secure unpaid claim liabilities and reimbursement obligations. Read More
Hawaii Marks 40 Years as Captive Insurance Leader
Hawaii is celebrating 40 years as a global leader in captive insurance, with 274 active captive insurance companies and more than $18 billion in premiums written last year. State officials highlighted the industry's economic impact, regulatory framework, and continued investment in innovation, including a new pilot risk-based supervisory model. Read More
NOAA Forecasts Below-Normal 2026 Atlantic Hurricane Season
The National Oceanic and Atmospheric Administration (NOAA) predicts a below-normal 2026 Atlantic hurricane season, forecasting 8 to 14 named storms and up to 3 major hurricanes. Officials cited expected El Niño conditions as a limiting factor but warned preparedness remains critical. NOAA also announced expanded forecasting tools, artificial-intelligence-based modeling, and new storm surge and flood mapping capabilities. Read More
South Carolina Captive Insurance Division Seeks Two New Hires
The South Carolina Department of Insurance Captive Insurance Division is hiring for two positions, including a supervising financial analyst and a senior auditor—financial analyst. The roles focus on captive insurance solvency monitoring, financial analysis, and regulatory oversight within the department’s Financial Regulation and Solvency Division. Read More