Market News

Organizations considering captive insurance should begin with a broader assessment of their risk financing strategy. Evaluating loss history, risk-bearing capacity, insurance programs, business objectives, and future plans can help determine a captive's appropriate role, identify new coverage opportunities, guide surplus management, and keep the captive aligned with evolving needs. Read More

AM Best reports that record capital and increasing competition are testing underwriting discipline across the global reinsurance market. Property catastrophe rates are declining, while casualty pricing and long-tail liabilities remain significant concerns. Despite these pressures, strong capitalization and favorable earnings support AM Best's stable outlook for the non-life reinsurance segment. Read More

The Texas Comptroller of Public Accounts is offering a temporary tax amnesty program for nonadmitted captive insurance companies and their insureds. Eligible participants can file required insurance tax reports for 2022 through 2025 by December 31, 2026, with penalties and interest waived under the 4-year lookback program. Read More

Johnson Lambert LLP launched its financial and operations advisory (FOA) practice, expanding advisory services for insurance organizations, nonprofits, and employee benefit plans. Led by Brandon Veler, the practice provides expertise in financial operations, statutory reporting, regulatory compliance, transaction advisory, systems transformation, and reinsurance accounting to help organizations navigate operational and financial challenges. Read More

Captive value added (CVA) is a framework for evaluating the financial and strategic benefits of a captive insurance program. It may compare net present value, retention capacity, and after-tax costs with alternative risk financing methods while also recognizing operational benefits such as claims control, risk management, and coverage flexibility. Read More