Willis' Owens: Captives Becoming Tool to Protect Pension Risk

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Paul Owens, CEO, global captive practice, Willis Towers Watson said captive organizers are exploring how to reinsure pension risk through captives. That would remove some issues from becoming impediments to mergers and acquisitions, he said.

 

NRRA's Myers: Soft Market Takes a Toll on Risk Retention Groupsers

Attorney Skip Myers, who serves as general counsel to the National Risk Retention Association, said the number of active risk retention groups has dropped in recent years as some opt for coverage in the commercial market.

 

Captives, Born in Disruption, Become Tools of Resilience

Attendees at the 2017 International Conference of the Captive Insurance Companies Association, held in San Diego, said captives started as disruptive alternatives to traditional insurance and have grown to become ongoing risk management tools.
 

Delaware's Kinion: From 38 to 1,000-Plus Captives in Eight Years

Steve Kinion, director, Bureau of Captive and Financial Products, Delaware Insurance Department, said he will be leaving the office at the end of June, but was proud of the department's work.
 

Vermont's Provost: Proposed Bill Reduces Taxes for New Captives

David Provost, deputy commissioner, Vermont Captive Insurance Division, said a proposed tax change in Vermont would lower tax credits and extend them from one to two years for new captives.

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