Market News
Nevada Licensed 26 New Captives—Most of Them Cell Captives—in 2023
Nevada licensed 26 new captive insurance companies in 2023. Including cell captives, Nevada had 254 captives at the end of 2023, down from 299 in 2022. Read More
Genie Energy Forms Captive Insurance Company
Genie Energy has formed a wholly owned captive insurance company in a move to expand its consumer product portfolio. Read More
WCF Panel Addresses Considerations for Successful Captive Formation
At the World Captive Forum (WCF), panelists discussed considerations for successful captive formation, including the review process, structure selection, and domicile choice. Read More
Fitch Outlook for Bermuda Reinsurers Remains Favorable for 2024
Bermuda reinsurers' underwriting profitability is likely peaking at current levels as price increases moderate and loss-cost inflation persists. Read More
Bapco Energies Establishes Captive Insurance Company
Bapco Energies in Bahrain is teaming up with ACE Gallagher captive management to establish its own captive insurance company. Read More