Market News

Cayman Islands Prepares for FATF Review with Legislative Overhaul

August 28, 2025

The Cayman Islands passed two amendment bills to prepare for the 2027 Financial Action Task Force (FATF) assessment, strengthen anti–money laundering compliance, modernize nonprofit governance, and clarify tokenized investment fund regulation under its virtual asset regime, reinforcing the jurisdiction's global competitiveness and appeal as a FinTech and financial services hub. Read More


Reinsurers Meet Cost of Capital for Second Straight Year

August 28, 2025

Global reinsurers met their cost of capital for a second year in 2024, supported by stronger market discipline and risk management. AM Best reports capital efficiency improved while reinsurance rate hikes slowed into early 2025. Alternative capital and tighter underwriting standards continue to influence industry performance ahead of major market conferences. Read More


Captive Insurance Company Benchmarks: How to Know If Your Captive Is Underperforming

August 27, 2025

Benchmarking a captive insurance company requires more than reviewing the bottom line. Owners and boards should monitor reserve adequacy, retention rates, underwriting standards, governance practices, and dividend policies. These benchmarks help determine whether a captive is performing effectively or falling short of its long-term financial and strategic goals. Read More


NCCIA Board Meeting to Mark Leadership Transition and Discuss Future Conferences

August 27, 2025

The North Carolina Captive Insurance Association (NCCIA) will meet September 19, marking Tom Adams's final board meeting as CEO. Zach Almond will assume leadership with new initiatives, including a podcast and nearly sold-out 2026 conference sponsorships. The board will also review budgets and future conference locations. Read More


Examination of Solvency II Revisions and Their Impact on Captive Insurance

August 26, 2025

Marsh's article explores revisions to the Solvency II Directive that take effect in 2027. The changes include reduced risk margins, extended reporting deadlines, and proportionality measures for small and noncomplex captives. These updates aim to streamline compliance, improve governance, and enhance financial flexibility for captive insurance companies operating in the European Union. Read More