Market News
New Statistical Reporting Organization Formed To Serve ART Entities
A new organization, Alternative Risk Transfer Statistical Solutions, Inc. (ARTSSI), has been formed as an advisory organization to collect business-model-specific premium and loss information to address the needs of alternative risk transfer entities. Read More
NAIC Adopts Actuarial Guideline Only for Life Insurer-Owned Captives
XXX/AXXX captive arrangements are subjects of the new NAIC Actuarial Guideline 48 that establishes uniform standards for reserve financing arrangements. Read More
Hawaii Captive Growth Continues in 2014
Hawaii is now the domicile for 186 captives, with the addition of seven new captives licensed in the first three-quarters of 2014. U.S. owners represent 94 percent of the captives domiciled in Hawaii; the remaining are from Asia/Pacific locations. Read More
2014 Workers Compensation Claims Operational Benchmarking Study
Executives, claims professionals, and others serving captives providing workers compensation coverage should read the results of the 2014 Workers' Compensation Benchmarking Study--Claims Management Operational Study. The study had the benefit of the participation of more than 400 managers, directors, and executive-level claims leaders, a 57 percent increase from the prior year. Read More
The Future of Health Care Captives
Health care captives received a "checkup" during a Cayman Captive Forum 2014 pre-Forum tutorial on the topic of Healthcare Captives--Past Read More