Market News
As Cyber-Insurance Market Stabilizes, Captives' Relevance Persists
While the commercial cyber-insurance market is stabilizing and perhaps even softening, there's still a place for captive insurance in organizations' cyber-insurance programs, a new white paper from Milliman contends. Employing captives in cyber-insurance programs offers several potential advantages, according to the Milliman white paper. Read More
Studies Show Group Captives Typically Aid Members' Risk Control Efforts
Macro- and micro-level studies of group captives indicate that member-companies improve workplace safety and risk control after joining. By strenghtening their risk control efforts, group captive members can also ultimately realize savings in the form of reduced premiums. Read More
Survey Reflects Captive Industry Strength, Favorable Future Outlook
The captive insurance industry continues to grow and take on new risks, with captive industry participants remaining bullish on the industry's future, according to the findings of the Self-Insurance Institute of America (SIIA) 2023 Captive Industry Survey. For the third year in a row, new captive formations significantly outnumbered closures. Read More
October "CICR" Explores Revolutionizing Hurricane Coverage
Don't miss the October issue of "Captive Insurance Company Reports" ("CICR"), which explores how captive insurance managers can play a pivotal role in orchestrating the transformative process of integration of private insurance-linked securities solutions and artificial intelligence predictions as a potent means to reshape hurricane coverage. Read More
How Risk Retention Groups Differ from Captives
A risk retention group (RRG) can be an option for insurance buyers facing common challenges in the traditional liability insurance market. An RRG can offer premium savings, options for obtaining difficult-to-get coverages or limits, and incentives for reducing claims activity. Read More