Michael Carey, senior audit manager at RH CPAs, on what House Bill 315 means for insurers and the captives carrying long-tail risk, as North Carolina becomes the first US state to ban third-party litigation investment.
As multi-unit property owners increasingly retain renters insurance risk themselves, Giles Hobday of USA Risk Group and Matt Baldwin of Swain & Baldwin Insurance discuss the growing interest in renters captives and the profitability these programmes can generate.
The captive conversation has moved on from whether to form one to how best to structure it. Dr Wong Wan Zhen, Executive Director cum Principal Officer at BBS Trust International Limited, makes the case for Labuan’s protected cell company framework as the logical next step in captive design.
An election does not make a captive an insurance company. TJ Strickland, managing partner at Strickland Hardee PLLC, sets out what regulators, auditors, and the IRS actually look for, and why the work of proving it is never finished.
As fee compression erodes other sources of efficiency in captive insurance portfolios, Kevin Yousif, CFA, president of Yousif Capital Management, argues that disciplined tax management has become a repeatable and underappreciated source of after-tax value, and that tax lot harvesting deserves a more prominent place in portfolio strategy.
From a foundational self-insurance vehicle to a rated capital partner writing parametric coverage and global employee benefits, Vertex Pharmaceuticals’ Vermont-domiciled captive Torreyana is redefining what a biotech captive can achieve. Mark Dugdale reports
Jack Meskunas, managing director of investments at Oppenheimer & Co, examines what the bond market reveals about the true health of companies, and why captive insurance portfolios deserve active management over passive index fund exposure.
Jennifer Haskell, director of regulatory compliance at Risk Services Companies and president of the Alabama Alternative Risk Alliance, details how industry and regulatory collaboration has shaped proposed revisions to the state’s Captive Insurers Act, and explains why a narrow definitional clause could carry unintended consequences for the more than 30 risk retention groups domiciled in Alabama.