Market News

Pinnacle Actuarial Resources has acquired Bermuda-based Ordinance Holdings and the renewal rights for clients of Canada's Grape Bay Actuarial Consulting. The transaction expands Pinnacle's international presence in Bermuda and Canada, strengthens its captive insurance and reinsurance expertise, and adds experienced actuary Julie Perron to support clients across both markets. Read More

Marsh's 2026 Benchmarking Report found continued growth in captive insurance during 2025, despite softer commercial market conditions. The report highlights increased premium volume, expanding use of alternative structures, growth in cyber and emerging risks, evolving domicile preferences, greater reinsurance utilization, and broader strategic use of captives. Read More

Tennessee's captive insurance sector continued to expand, with premium volume exceeding $4.6 billion and new captive formations adding to the state's growth momentum. In a recent newsletter, Tennessee Department of Commerce & Insurance officials highlighted year-over-year increases in captives, cells, and risk-bearing entities, while also announcing additions to the captive insurance team. Read More

The North Carolina Captive Insurance Association's (NCCIA's) May newsletter highlighted legislative advocacy, federal outreach, conference growth, and new sponsorship support from First Citizens Bank. NCCIA also shared updates on North Carolina legislative developments, exhibitor opportunities, and preparations for its annual conference in Charlotte, reflecting continued momentum in the captive insurance industry. Read More

Collateral provides financial security for future obligations within captive insurance and reinsurance arrangements. Common forms include letters of credit and insurance trust funds. In captive insurance programs, collateral is frequently required by fronting insurers and reinsurers to reduce credit risk and secure unpaid claim liabilities and reimbursement obligations. Read More