News
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Captives have always been used to innovate when it comes to handling unusual risks. At the new frontier are cyber, reputational, and cryptocurrency risks. US Captive finds out more. 8 August 2019
Accounting & tax analysis
There has been an aggressive shift in the approach of certain US states to the collection of self-procurement taxes. What implications does this have for the industry? And will there be more redomestications to the ‘home’ state? US Captive investigates. 8 August 2019
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No smoke without wildfire Given that the exposure to wildfire risk experienced over the last two years is expected to worsen in 2019 and beyond, utility and energy companies are increasingly looking at how they can use captive insurance. US Captive explores this emerging trend. 7 August 2019
Accounting & tax analysis
As commercial insurance rates start to harden, more sophisticated owners of captives are starting to leverage them to avoid rate hikes by using analytics or looking to access the reinsurance markets directly. US Captive reports. 7 August 2019
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CICS Services, a risk management and consulting firm, specialising in the formation and operation of captive insurance companies, has launched a new reinsurance pool for property/casualty coverages. 7 August 2019
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Term limits for board members are always important, according to Derick White, managing director of corporate governance and regulation at Strategic Risk Solutions. 7 August 2019
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A panel discussing the optimal composition of captive boards at the VCIA conference has stressed the importance of paying board members, dismissing concerns that this could lead to a conflict of interest. 7 August 2019
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Captive board members must have an understanding of the businesses they are working with to be effective in their roles, according to Margaret Nekic, president at Inspirien. 7 August 2019
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The insurance industry needs “less asinine adverts on TV showing insurance people playing with animals, and more of that marketing budget being spent on educating people about insurance, and encouraging a new generation of people into this industry,” according to Zachary Finn, professor and director at Butler University. 7 August 2019
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Captives are driving innovation to a far greater extent than commercial insurers, according to Michael Maglaras, principal at Michael Maglaras and Company. 7 August 2019
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