Market News
USA Risk Group Senior Management Team Finalizes Buyout
USA Risk Group revealed that its senior management team has completed a management buyout from Spencer Capital Holdings, which will include operations from all captive jurisdictions that USA Risk Group currently operates. Read More
US P&C Insurers Should Make Considerations for TRIPRA Expiration
The Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) is set to expire at the end of 2020. According to A.M. Best, doubt exists surrounding whether TRIPRA will be extended and, if so, under what terms and conditions, particularly amid a hyperpartisan atmosphere in Congress. Read More
South Carolina Captive Industry Has Generated over $539 Million
Being one of the largest captive insurance domiciles in the United States has had a big and positive impact on the South Carolina economy, according to an academic analysis by the University of South Carolina's Moore School of Business. Read More
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