Market News

Hawaii's captive insurance industry expanded to 272 captives in 2024. US-based organizations accounted for most captives, with Asia-Pacific and Europe following. Construction and real estate led captive ownership, alongside telecommunications, manufacturing, financial services, and health care, reflecting continued growth in alternative risk financing. Read More

Aon has introduced an employee benefits cell captive facility, offering multinational companies an alternative risk transfer approach for self-insuring employee benefits. The facility, operated through Aon's White Rock, a protected cell company, allows businesses to use a captive insurance structure while reducing costs and administrative complexity compared to traditional captives. Read More

Julie Patel has been promoted to Americas captive consulting leader at Marsh Captive Solutions. Recognized as a 2024 captives power broker, she brings expertise in captive insurance, including feasibility studies for major corporations. Patel now leads captive consulting across the United States, Canada, and Latin America, succeeding Michael Serricchio. Read More

US D&O insurance premiums have declined for 10 consecutive quarters despite ongoing risks. While underwriting improvements have led to better loss ratios, lower pricing may weaken insurers' financial performance. AM Best will reassess pricing and loss reserves once 2024 data is finalized to evaluate potential long-term impacts on the market. Read More

Hylant examines how captive insurance streamlines mergers and acquisitions by managing risk, consolidating captives, and providing coverage for liabilities. Whether simplifying due diligence, structuring divestitures, or optimizing risk retention, captives enhance value creation. Strategic planning with experienced advisers ensures captives align with the acquiring company’s objectives and drive post-merger efficiencies. Read More