Market News
New Sponsored Cell Captive Domiciled in Connecticut
Isosceles Insurance Company, Ltd., a Connecticut-based sponsored cell captive, joins a growing number of captives designed to provide small and medium-sized businesses access to the benefits of captive insurance, JLT Towner Insurance Management, sponsor of this new venture, has announced. Read More
Risk Retention Group for Taxicabs Placed in Liquidation
Pinelands Insurance Company Risk Retention Group, Inc., was placed in liquidation at the request of the District of Columbia Department of Insurance, Securities and Banking (DISB) in late August 2015, according to an announcement on the DISB website. Read More
Risk Retention Groups First Quarter 2015 Underwriting Profit Reported
Risk retention group (RRG) policyholders' surplus has increased 64.7 percent over the 5-year period from the first quarter of 2011 through the first quarter of 2015, according to the Demotech, Inc., Analysis of Risk Retention Groups First Quarter 2015, which has just been released. Read More
Captive Insurance Industry Market Status Report
A.M. Best has released its 2014 review of the US captive insurance sector and has scheduled a webinar to review the State of the Captive Insurance Market" today Read More
Reinsurer Underwriting Results for First Quarter 2015 Released
Only 8 of the group of 18 reinsurers reported an increase over the same period last year in net written premiums for the first quarter, as shown in the Reinsurance Association of America (RAA) 2015 survey of reinsurers' statutory underwriting results. Read More