Market News

Sam Komo, captive manager with the Missouri Department of Commerce and Insurance, said Missouri is proactively addressing emerging risks in captive insurance. The state engages early with industries such as property, cannabis, and artificial intelligence-driven businesses, adapting regulatory interpretations and legislation to position Missouri captives for long-term success in a changing market. Read More

Augment Risk and Cohen & Company formed a joint venture to connect insurers with insurance-lined securities capacity, blending traditional reinsurance and capital markets. The initiative enhances placement speed, security, and portfolio diversification, focusing initially on the United States, Bermuda, and Europe with plans for broader expansion as market demand increases. Read More

Don't miss the October issue of "Captive Insurance Company Reports" ("CICR"), which explores the creation of the Iowa captive insurance domicile and the formation of its first captive. Discover what is planned for the Iowa captive domicile's future growth and development. Read More

Boards of directors are central to captive insurance governance, balancing compliance, financial oversight, and risk strategy. Requirements differ across domiciles: Vermont mandates a resident director, Cayman applies fit-and-proper standards, Bermuda requires a principal representative, and Delaware offers flexibility. Strong boards safeguard solvency and align captives with long-term objectives. Read More

Actuarial services are essential to navigating the complexities of property and casualty insurance. By asking critical questions, companies can gain clearer insight into reserves, assumptions, benchmarks, and risk levels. This guidance highlights 10 key questions every organization—whether captive insurer or traditional—should consider when working with an actuary. Read More