Only 8 of the group of 18 reinsurers reported an increase over the same period last year in net written premiums for the first quarter, as shown in the Reinsurance Association of America (RAA) 2015 survey of reinsurers’ statutory underwriting results.
The National Association of Insurance Commissioners (NAIC) Financial Regulation Standards and Accreditation (F) Committee has scheduled an interim committee meeting for 5 p.m. to 6 p.m. EST today (May 26, 2015) to discuss the comments it has received and consider adopting the revised Part A Accreditation Preamble.
Captive.com wants to take this opportunity with Memorial Day approaching to join the president in remembering our fallen heroes who died while serving in the United States armed forces.
More than 150 attendees at the recent Western Region Captive Insurance Conference (WRCIC) enjoyed some excellent presentations. Thanks to David Dimit, WRCIC, Captive.com is pleased to share copies of the slides for several of the sessions:
Marsh, the world’s largest captive manager, has issued its 8th consecutive Annual Captive Benchmarking Report, which benchmarks the 1,109 captives managed by Marsh globally.
The Laffer Center, the Tax Foundation, and the Captive Insurance Companies Association (CICA) have expressed their opposition to a budget proposal that would eliminate the deduction for reinsurance premiums paid to foreign affiliates by U.S.-based, foreign-owned companies.
New Captive Thought Leader Videos on Captive.com add a wealth of information on captive insurance fundamentals directly from experienced industry leaders.
Demotech's recently released analysis of risk retention groups at year-end 2014 indicates RRGs continue to exhibit financial stability.
The ongoing consolidation of healthcare systems in the United States as a result of the Affordable Care Act (ACA) is leading to consolidation among medical captives in Cayman, the Insurance Managers Association of Cayman (IMAC) chairman said during an A.M. BestTV interview.