As captives evolve from being an alternative risk solution to a mainstream tool, their value is increasingly recognised across the insurance landscape. Yet to secure captives’ long-term strategic advantages, a new mindset is needed.
In this GCP Short, produced in partnership with HDI Global, we discuss the importance of developing long term relationships and attracting, retaining and developing new talent in the captive market.
AM Best has affirmed the financial strength rating of NiSource Insurance Corporation, Inc. (NICI) as A (Excellent) and its long-term issuer credit rating of ‘a’ (Excellent).
The Washington State Office of the Insurance Commissioner has published revised rules to clarify the reporting requirements of captives writing business in the State.
Vermont-domiciled Milford Street was formed in July 2024 and is owned by members of New York’s affordable housing industry to combat rising liability insurance premiums.
Utah has licensed a new captive for a NYSE-listed healthcare firm that already owns a Bermuda-based entity, in a rare move for a domicile that has relatively few captives owned by public companies.
The Beehive State’s list of registered captive insurers was...
In this GCP Short, produced in partnership with HDI Global, we discuss the importance of developing long term relationships and attracting, retaining and developing new talent in the captive market.
We bring you an in-depth captive case study on Life Time, Inc, a publicly listed chain of health clubs, which has owned a captive in Vermont since 2017.