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According to industry experts the Affordable Care Act—the deeply embattled landmark legislation that began rolling out this year—could be a positive for the captive industry. 18 October 2013
Analysis
In a new report Fitch Ratings calls for greater public disclosure on captive arrangements and reserve financings in general. Dennis Harwick comments. 18 October 2013
Analysis
The number of US domiciles with captive legislation has reached a level that is “not sustainable”. Domiciles need to reach a critical mass if they are to create a sustainable and capable regulatory environment. 9 October 2013
Accounting & tax analysis
The captive industry has gained a new entrant, Alterra Risk Management, which extends simplified captive insurance solutions to small and mid-sized US firms. 9 October 2013
Analysis
Group Management Services has merged with three third party administrators—Ogden Benefits Administration, Employee Benefits Concepts and Variable Protection Administrators—as the combined entity looks to drive down client medical costs associated with Obamacare. 7 October 2013
Analysis
Despite suggestions that the US is ramping up scrutiny of captive insurers, the industry has little to fear, with increasing regulatory oversight having been a feature of the captive landscape for some time. 25 September 2013
Analysis
Brokers Marsh & McLennan and Aon Benfield have indicated their support for renewal of the Terrorism Risk Insurance Act (TRIA). 23 September 2013
New Captive Models
The action could impact more than a quarter of a million medallion taxis in Philadelphia, the rating agency said. 23 September 2013
Analysis
The Hawaii Captive Insurance Council (HCIC) announced this week that the domicile’s captives closed out 2011 with just over $14 billion in assets. 23 September 2013
Analysis
A recent report by Fitch Ratings has raised the spectre of the dumbing down of regulatory oversight by some jurisdictions as the number of captive domiciles increases. 16 September 2013
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