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

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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.

 

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.
 

Willis' Owens: Captives Becoming Tool to Protect Pension Risk

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.

 

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.
 

Captive Growth Tied to Cyber, Health Care, Expanding Cells

Attendees of the 2017 International Conference of the Captive Insurance Companies Association said market and regulatory pressures will drive more cyberrisk to captives. Those captives will also be required to meet new cyberrisk standards.
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