Captives

What does it take to insure a billion-dollar supertall building? Some extreme appetite for risk, for starters.

Delaware Insurance Commissioner Karen Weldin Stewart said in a statement that the state grew its number of captive insurers in 2013.

Rob Schimek, President and CEO of the Americas for AIG Property Casualty, talks about the carrier's expansion into Bermudas captive insurance market; the severity of Cyber risk; and AIG's consistently high rating among producers, among other subjects.

Cary, N.C.-based The Pantry, Inc., has formed Cellarium Insurance Company, Inc., a pure captive insurance company.

Cary, N.C.-based The Pantry, Inc., has formed Cellarium Insurance Company, Inc., a pure captive insurance company.

Federal-regulatory concerns about life-reinsurance captives could give rise to mission creep that would sweep up traditional single-parent and group captives in any actions taken, warns Fitch Ratings.

Federal-regulatory concerns about life-reinsurance captives could give rise to mission creep that would sweep up traditional single-parent and group captives in any actions taken, warns Fitch Ratings.

What can risk professionals do to motivate colleagues to truly embrace ERM and drive ORSA-related initiatives?