Reeves Plans Rule Change to Create UK Captive Insurance Market June 30, 2025 By James Woolcock and Leonard Kehnscherper The UK government is planning to announce rule changes to help create a potential new insurance market worth billions of...
Markets/Coverages: SiriusPoint, Broker Holmes Murphy’s Umbrella Excess for Captives March 24, 2025 SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new strategic partnership with the independent insurance broker Holmes Murphy....
Connecticut’s Captive Insurance Industry Keeps Growing February 14, 2025 Connecticut continues to grow its captive insurance industry, adding nine new captive insurers in 2024 for a 17% increase over...
Vermont Added 41 Captives in 2024 January 15, 2025 Vermont continues to grow its captive insurance industry. The Vermont Department of Economic Development (DED) has reported that 2024 was...
After 23 Years as CEO, Craft Moves to Producer Role at Palomar as Williford Takes Helm December 6, 2024 Alabama-based Palomar Insurance, a 70-year-old agency with offices across the state and in Mississippi and Georgia, announced that longtime CEO...
Coal Expansion Helps Lure Insurers Back to Australia Producer Whitehaven October 11, 2024 By Natasha White Whitehaven Coal Ltd., one of Australia’s largest coal producers, shelved a planned special purpose vehicle originally intended to provide in-house...
Markets/Coverages: MGA Verve Launches Captive Insurance Product and Broker Portal October 1, 2024 Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura”...
Risks Too Big for Insurers Just Fed a $200 Billion Market Boom in Captives September 4, 2024 By Natasha White As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a...
UK Insurers Call for Rule Change to Establish Captive Insurance Regime August 19, 2024 By Katherine Griffiths Senior figures in the insurance industry are calling on the UK to restart work on a potential new market worth...
NC Lawmakers Ratify Bill That Trims Taxes on Captives, Risk-Retention Groups June 28, 2024 North Carolina, already ranked among the top states for captive insurance firms, could soon become a little more attractive for...