Market News
Understanding Loss Development in Captive Insurance Companies
This article explains how loss development affects financial outcomes in captive insurance companies. It outlines key concepts such as incurred but not reported, reserving accuracy, and loss development triangles, while highlighting common pitfalls. The piece emphasizes the importance of disciplined claims management and actuarial analysis in maintaining financial stability and supporting effective risk management strategies. Read More
April CICR: Captive Insurance Perspectives from Vanuatu, Nevada, and WCF
Explore the April issue of "Captive Insurance Company Reports" ("CICR") to read more about the captive insurance industry in the Asia-Pacific region and Nevada. Also, hear about the World Captive Forum event in Orlando, Florida, with a peek into some of the engaging sessions! Read More
Applying AI in Captive Insurance: Practical Use Cases and Considerations
This article explores how captive insurance programs are applying artificial intelligence (AI) across underwriting, claims, operations, and analytics. It highlights practical use cases, adoption challenges, and governance considerations, emphasizing data quality, human oversight, and incremental implementation to improve efficiency, enhance decision-making, and support evolving captive strategies. Read More
Captive Insurance Examinations: What to Expect and How to Prepare
This article examines captive insurance examinations, including how they are conducted, what regulators evaluate, and how organizations can prepare. It highlights differences across domiciles, the role of communication and documentation, and how strong governance, service providers, and alignment with the business plan contribute to a smooth and efficient examination process. Read More
Asia, India Reinsurance Renewals Show Continued Softening
Global reinsurance pricing continued to decline across Asia and India during April 1 renewals, driven by excess capacity and low catastrophe losses. Markets remained competitive with stable terms, while reinsurers maintained coverage despite Middle East conflict risks influencing specialty lines and underwriting decisions. Read More