Long reads

Spring survey shows 42% of employers with medical stop loss cover, self-insure within a captive Writing MSL in a captive is beneficial for diversifying the portfolio of risk MSL is commonly...

Captive regulators in the United States canvassed by Captive Intelligence at the 2023 CICA International Conference discussed the potential for licensing cannabis captives, as well as the impact of the hard market, new legislation and the 831(b) tax election.

Regulators and the local captive insurance association are anticipating further captive growth in Georgia as the hard market and a competitive regulatory regime prompts continued interest.

Managing general agents (MGAs) are increasingly launching their own captives as a means of providing additional capacity or in a bid to share in the underwriting profits resulting from its programmes.

Captive utilisation in the renewables market can provide companies with the ability to counter increasing rates and allow greater access to capacity, sources have told Captive Intelligence.

After a gap of four and a half years between successful captive exemption applications to the Department of Labor (DoL), the 2022 achievements of Phillips 66 and Comcast is laying the path for further employee benefits activity in the United States.

Due to the rising costs of medical malpractice insurance, those working in the health industry are being forced into captive utilisation to “continue to practice medicine”.

The number of captives in Texas is expected to continue rising, despite the state having limited interest in attracting captives owned by businesses beyond its borders, sources have told Captive Intelligence.