Market News

Bermuda registered three new captive insurance companies in August 2026, according to the Bermuda Monetary Authority. The registrations included one Class 1 captive, Valuation Guarantee Ltd., and two Class 2 captives, AFC Captive Insurance Company Ltd. and Ide8 Limited. Bermuda registered five new captives through August. Read More

Sedgwick launched Carrier and Captive Solutions to provide claims administration and risk services for insurers, captive insurance programs, managing general agents, managing general underwriters, and risk retention groups. Led by Jason Rogers, the operation includes more than 1,000 professionals and offers services spanning claims management, delegated authority, outsourcing, legacy claims, analytics, and reporting capabilities. Read More

Global reinsurance capital reached a record $800 billion in 2026, giving insurers greater flexibility ahead of January renewals, Aon reported. Increased capacity and competition are improving property and casualty market conditions while providing insurers with more options to manage emerging risks, deploy capital strategically and pursue profitable growth opportunities. Read More

The Captive Insurance Companies Association (CICA) appointed Adam Binder of Topco Associates and Richard Cutcher of Captive Intelligence to its board of directors. Binder brings captive-owner and risk management experience, while Cutcher contributes international captive insurance industry knowledge. The appointments fill two open positions on CICA's board following its March conference. Read More

Midwest businesses have more nearby options when choosing a captive domicile. Iowa, Michigan, and Missouri are developing their captive insurance programs as companies weigh location, regulatory relationships, and long-term goals. Regulators and industry experts discuss what draws businesses to these states and how the domiciles are evolving. Read More