Market News
Continued ILS Issuance Slowdown in First-Quarter 2019
Following fourth-quarter 2018 insurance-linked securities (ILS) growth reduction, ILS market growth continued to slow in the first quarter of 2019. First-quarter 2019 raised $1.1 billion through catastrophe bond issues as compared to an average of $1.8 billion over the 6 preceding first quarters. Read More
The Arizona Captive Insurance Domicile
If there are two words that succinctly and accurately describe Arizona as a captive insurance company domicile, those words would be "consistent growth." Since 2015, both the number of captives licensed in Arizona, as well as captive premium volume, have increased each year. Curious? Learn more today on Captive.com. Read More
Strategic Risk Solutions Announces 500th Captive Client
Strategic Risk Solutions announced the addition of its 500th captive management client (captives and cells): Old Main Assurance, Ltd., a Class 1 Bermuda-domiciled captive insurance company. Read More
Some Captive Owners May Be Affected by the LB&I Campaign on Form 5471
On April 16, 2019, the Internal Revenue Service (IRS) Large Business and International Division (LB&I) announced three additional compliance campaigns, one of which relates to Form 5471 and may have application to shareholders of some captive insurance companies. Read More
Utah Captive Insurer Dormancy Provisions Go into Effect this Month
A new Utah law that takes effect May 24 will allow captive insurance companies licensed in the state to move into dormant status, freeing up both time and money for the captives and their parents. Read More