A Butler University program gives students the chance to develop and manage their own captive.
Captives involved in reinsurance disputes should take proactive measures both to forestall disputes and to ensure that they take place on a level playing field.
By monitoring key performance indicators and financial metrics, risk managers can help ensure the efficacy of a captive.
Understanding the business advantages of setting up a captive will help risk managers add real business value to their companies.
Many innovative companies are developing new strategic uses for their captives.
Public entities that are having difficulty accessing certain coverages may want to consider forming captives.
Trends in the captive insurance market point to continued growth and expansion.
Few organizations use their captive insurer to cover cyberrisks.
In our annual captive review, we examine the top trends influencing key domiciles.
The property/casualty sector is increasingly turning to alternative risk transfer products to spread risk.
In light of recent court decisions, it now appears that lenders may have exposed themselves to liability by forming mortgage reinsurance captives.
While captive insurance companies can serve very useful purposes, the benefits can be difficult to realize when companies expect them to function as “plug-and-play” solutions.
New rules have made Montana an up-and-coming domicile while legal issues influence captive claims.
Ambiguity surrounding the Nonadmitted and Reinsurance Reform Act has created confusion for all captive owners.
CICA President Dennis Harwick shares his views on the current trends in the captive market.