Market News
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
In the Future, 34 Percent of Captive Insurers Expect To Cover Cyber Risks
Regardless of where they are licensed, the overwhelming majority of captive insurance companies or protected cell captives are active, according to a survey released April 29 by AON PLC. Read More
Captives Are the Most Popular Method of Alternative Risk Financing
The "16th Annual Excellence in Risk Management" report from Marsh and RIMS revealed that risk managers are operating in a data-rich environment that, when combined with growing alternative risk solutions, can result in more robust risk finance strategies and more resilient organizations. Read More