Captives

Organizations from a number of states representing various industries formed 69 captive insurance companies in Utah in 2011, according to the states captive insurance director.

After a rough, cat-filled 2011, how do commercial-lines carriers feel about 2012? NU asked several key players for their perspective on which lines offer new opportunities; how they will expand their distribution channels; where carriers will be investing; and how they will handle relationships with risk managers as the...

Tennessee is adding staff to its captive insurance department and actively promoting itself as a domicile, which is paying off with registrations and building interest.

Tennessee is adding staff to its captive insurance department and actively promoting itself as a domicile, which is paying off with registrations and building interest.

In an environment of rapidly evolving risks, just anticipating risk is not enough, as organizations also need to focus on building resilience to effectively manage risk and position themselves for long-term sustainability, says the chief executive of Willis Group Holdings.

In an environment of rapidly evolving risks, just anticipating risk is not enough, as organizations also need to focus on building resilience to effectively manage risk and position themselves for long-term sustainability, says the chief executive of Willis Group Holdings.

Regulatory and other concerns did not dampen captive formation in 2011, with small captives, cell captives and group-health captives taking the lead, according to experts.

An encounter with an injured bird last weekend gave me a glimpse into the ultimate risk managementthe fight for survival.