Market News
Healthcare Industry Fuels Vermont's Captive Licenses in 2018
Vermont licensed 25 new captive insurance companies in 2018, up from 24 the prior year, with growth fueled by captive formations in the healthcare industry, state officials reported Tuesday. Read More
Captive Insurance Runoff Trends
According to EWI Re, runoff is increasingly seen as a means of allocating dedicated capital as an alternative permanent risk funding mechanism for entities seeking an exit from a particular segment of business. This has created a more secure global insurance system and has reallocated capital and insurance capacity efficiently. Read More
A.M. Best: ILS and Captive Insurance Growing in Asian Market
A.M. Best recently reported that Asia is poised to become a significant growth opportunity for the insurance-linked securities (ILS) market and also confirmed that captive insurance and foreign ownership of insurance companies in China are both emerging growth areas for Asia. Read More
Captive Insurers and the 2019 Reinsurance Markets
We look at early indications of renewal rates for 2019 reinsurance placements and comment on how they may impact the captive insurance market. Specifically, we review reports issued by JLT Re and Willis Re on the January 1, 2019, renewals and what captives can anticipate. Read More
Lloyd's "Transforms" through Electronic Placement Target Mandates
Lloyd's will require each syndicate to write no less than 40 percent of its risks using a "recognized electronic placement system" for the first quarter of 2019, increasing to 50 percent for the second quarter of 2019. Read More