Market News

Captive insurance could play a growing role in managing digital asset risks, particularly cyber, theft, custody, and other operational exposures. Industry experts examine where captives may fill traditional insurance gaps, how cell structures could support crypto firms, and why clearly defined risks, strong controls, and appropriate capital remain essential. Read More

AM Best reports continued growth in US property and casualty fronting arrangements, driven partly by managing general agents. Fronting specialists have expanded premium significantly, while relationships with unrated and unauthorized reinsurers introduce additional counterparty credit risk. Reinsurers are responding by requiring fronting insurers to retain more risk and strengthen underwriting discipline. Read More

Piko Labs AI launched Piko Re Intermediaries, a reinsurance intermediary focused on captive insurers and risk retention groups. The firm will use artificial intelligence to standardize fragmented captive risk data for reinsurers, with the goal of improving underwriting efficiency, pricing, and access to reinsurance capacity. Steve McElhiney will lead Piko Re. Read More

Swiss Re examines how growing connections among financial, digital, natural-hazard, and socioeconomic risks could amplify systemic stress. The study highlights artificial intelligence, supply chains, critical infrastructure, and risk concentration as key areas of concern and emphasizes scenario analysis, stress testing, diversification, and risk transfer as important resilience measures. Read More

Capitalization is a key consideration in forming and operating a captive insurance company. Regulatory minimums are only the starting point. Risk profile, expected losses, liquidity, reinsurance, and business strategy all influence capital needs. Regular financial and actuarial reviews help ensure capitalization remains appropriate as the captive and its exposures evolve. Read More