ConocoPhillips captives receive ratings

Vermont-based Sooner has ratings affirmed, while Texas-based Rodeo, 100% reinsured by Sooner,...
MORE

JP Morgan captive gets ratings affirmed

Vermont-based captive Park provides global property coverages, including terrorism, cyber and banker’s...
MORE

Vermont reveals details of new 2023 captive formations

Vermont’s Department of Economic Development reveals there were 659 Vermont captives at...
MORE

Vermont approves 38 new captives in 2023

Leading captive domicile also approved another nine new formations on 1 January...
MORE

Hassett elected to another year as VCIA board chair

The board also voted on three other positions at their quarterly meeting...
MORE

Vermont’s rise to number one global domicile

Sandy Bigglestone, deputy commissioner of the captive insurance division, and Christine Brown,...
MORE

edHEALTH converts to cell within new sponsored captive

As a cell of newly-formed edRISK, member owners will have the option...
MORE

Vermont tracking Vesttoo captive exposure and reviewing fronting regulation

State has sent notice to captive managers and service providers requesting information...
MORE

Captive service companies among those hit by MOVEit cyber attack

Vermont DFR releases a list of 43 companies affected by the attack,...
MORE

Property a key driver of Vermont captive growth in 2023

Pure captives and monoline cells have been formed this year in response...
MORE

Delight in Vermont at hitting top spot in captive rankings

The captive domicile had the most captives at year-end 2022 with 639,...
MORE

Vermont registers 22 new captives in H1

Aon leads the way managing five of the new captives, followed by...
MORE

Vermont updates captive legislation

Bill H.76 has been signed into law making several updates to Vermont’s...
MORE

AM Best affirms Apogee captive ratings

Vermont captive writes "very specific lines" for the US architectural design company,...
MORE

Vermont hires new captive insurance examiner

New member of Vermont’s regulatory team previously spent more than seven years...
MORE

VCIA spent $63k monitoring captive legislation in 2022

VCIA the only captive association doing year-round captive federal and state legislative...
MORE

Pfizer captive has ratings affirmed

Vermont-based Blue Whale Re has been taking slices of its CAT tower...
MORE

Vermont approves 12 new captives in Q1

Of the 12 new captives, three of them are managed by Aon...
MORE

Finding the next generation of captive talent

Captive Review speaks to three promising 20-somethings at different stages of their...
MORE

Welcome to captiveland

Kristen Peed, CBIZ director of corporate risk management, and Sandy Bigglestone, Vermont...
MORE

Vermont endorses KeyState’s bank captive programme

One of four state banking associations to have endorsed the captive programme,...
MORE

JPMorgan Chase captive outperforms commercial composite by ‘wide margin’

Vermont captive provides coverages including terrorism, cyber and bankers blanket bond  ...
MORE

Vermont looks to Mexico for captive growth

A delegation from The State of Vermont and VCIA will lead a...
MORE

Interview: Christine Brown, Vermont director of captive insurance

Vermont’s stability through change: Christine Brown has been with Vermont’s captive division...
MORE

Captive Review February 2023 digital edition now online!

The February 2023 edition of Captive Review is now available for you...
MORE

Has the number 1 captive domicile crown been stolen?

Bermuda’s title of world’s largest domicile by captive numbers (excluding cells) may...
MORE

Vermont licensed 41 new captives in 2022

Leading US domicile reveals where growth came from after hitting 639 captives...
MORE

Phillips 66 captives post ‘generally favourable’ loss experience

AM Best praises Phillips 66 for its strong loss control programme.  ...
MORE

Tracy Hassett succeeds Baillie as VCIA chair

Vice president also announced as WTW’s Jason Palmer.   Tracy Hassett has...
MORE

Vermont appoints new assistant director of captive insurance

Appoints Jim DeVoe-Talluto from within to fill Christine Brown’s former role.  ...
MORE

Cowbell bolsters leadership with two hires

AI cyber underwriting start-up and captive owner Cowbell brings Matthew Jones and...
MORE

Vermont’s David Provost to retire

One of the most respected figures in the captive insurance industry, David...
MORE

Vermont has one of highest-ever years of captive growth

Vermont licenced 45 new captive insurance companies in 2021, making it the...
MORE

EXCLUSIVE: VCIA president Rich Smith announces resignation

Vermont Captive Insurance Association (VCIA) president Rich Smith has announced his resignation....
MORE

VCIA announce board additions

The Vermont Captive Insurance Association has announced the addition of two new...
MORE

The redomestication factor

We explore the factors behind the uptick in re-domestications of US-parents’ captives...
MORE

Captive Review announces in-person events for 2021

Captive Review is excited to announce its in-person events schedule for the...
MORE

Vermont updates finesse captive legislation

This week Vermont governor Phil Scott signed new captive legislation into law....
MORE

Meet the Power 50 Top 10

The Captive Review Power 50 has been announced, with the best of the...
MORE

World Domicile Update reveals surge in captive insurance cell formations

An annual report by Captive Review has revealed that global captive numbers...
MORE

Vermont licences 38 new captives in 2020

Vermont has had another big year, licencing 38 new captives in 2020....
MORE

Vermont Insurance Commissioner alleges fraud by RRG

The Vermont Department of Financial Regulation (VDFR) has filed a federal lawsuit...
MORE

VCIA 2021 conference to be 100% virtual

The Vermont Captive Insurance Association (VCIA) has announced their 2021 conference will...
MORE

Vermont names Ian Davis replacement

The Vermont Department of Economic Development (DED) has named Brittany Nevins as...
MORE

“Long way to go” for diversity in captives

Diversity was a theme at the Vermont Captive Insurance Association (VCIA) virtual...
MORE

Rate hikes to continue into 2021

Rate hikes will continue not just this year but into 2021, according...
MORE

VCIA Day One: Parametrics, Covid-19 and risk retention

The first day of the Vermont Captive Insurance Association (VCIA) Virtual conference...
MORE

VCIA: Commissioner to ask “hard questions” about industry diversity

Commissioner of the Vermont Michael Pieciak has said that the insurance industry...
MORE

Richard Smith talks VCIA Virtual

Richard Smith, president of the Vermont Captive Insurance Association, spoke to Captive Review...
MORE

Macy’s captive exempt from $24 million tax bill

A United States court had ruled that Leadville Insurance Company, the captive...
MORE

Ian Davis moving to private sector

Ian Davis, the chief marketing and business development professional for the regulator...
MORE

US news attacks captives and links to Bernie Sanders

Last Wednesday US news website The Daily Beast described captive insurance companies...
MORE

Captive for roadside assistance providers launched

A captive solution specifically designed for emergency roadside assistance providers affiliated with AAA...
MORE

R&Q acquires Vigneron

Randall & Quilter (R&Q) have acquired captive Vigneron Insurance (VICI) from a...
MORE

Vermont licences 22 new captives in 2019

Vermont licenced 22 new captives in 2019, bringing the total number of...
MORE

SRS to manage new Vermont group captive

Strategic Risk Solutions (SRS) has been named as the manager of Vermont-based...
MORE

Three pure, one RRG licensed in VT

Vermont has licensed four new captives so far this quarter, taking its...
MORE

Sooner Insurance ratings affirmed

Sooner Insurance Company has been handed a financial strength rating of A...
MORE

Radius, Spirit ratings affirmed

The onshore and offshore captives of multinational energy company Phillips 66 have...
MORE

Barclays: Captive a ‘comfort’ in today’s market

A captive structure is necessary for Barclay’s risk management operation due to...
MORE

VMC Indemnity Company relocates

The University of Vermont Health Network (UVM Health Network) has completed the...
MORE

Ameriprise captive ratings affirmed

AM Best has affirmed the ratings of Ameriprise Captive Insurance Company (ACIC)....
MORE

Arsenal expands into Vermont

Arsenal Insurance Management has set up an office in Vermont as it...
MORE

Exclusive: Long-term care RRG to form in VT

A new risk retention group (RRG) is being formed to insure small...
MORE

Johnson & Johnson wins NJ court appeal

American multinational Johnson & Johnson (J&J) has won an appeal against the...
MORE

SOBC DARAG: Captives a ‘growing’ legacy market

Risk Retention Groups (RRGs) and captives are an area of opportunity for...
MORE

Exclusive: DLGA launches captive blockchain working group

A captive insurance working group has been set up in Vermont in...
MORE

Vermont licences six captives in Q1, Q2

The state of Vermont has licensed six new captives so far this...
MORE

US Captive Review Awards: Deadline extended

The entry deadline for the US Captive Review Awards has been extended....
MORE

Vermont legislation will help state ‘keep pace’ with industry

Updates to Vermont’s captive law will allow the state to “keep pace”...
MORE

Macy’s captive could face $23.8m penalty over Maryland tax case

The captive insurance company of US department store Macy’s could be facing...
MORE

Vermont defers run-off legislative plans

The state of Vermont has decided to defer introducing run-off legislation for...
MORE

RRG premium passes $3bn – Pinnacle benchmarking study

The amount of premium insured by risk retention groups (RRG) has grown...
MORE

R&Q completes two workers’ comp deals

Legacy specialists Randall & Quilter Investment Holdings (R&Q) has assumed the workers'...
MORE

Vermont licences 25 new captives in 2018

The state of Vermont licensed 25 new captives in 2018, according to...
MORE

Pizza Hut among new captives in Vermont

Global restaurant franchise Pizza Hut is among seven new captives to form...
MORE

Industry welcomes run-off proposals from Vermont

The prospect of captive specific legislation for run-off and legacy management has...
MORE

Vermont considering run-off legislation for captives

Captive specific run-off legislation is being discussed by the Vermont Captive Insurance...
MORE

JP Morgan captive rated ‘Excellent’

JP Morgan’s Vermont-domiciled captive has had its financial strength rating of ‘A’...
MORE

Phillips 66 captives rated ‘Excellent’

The onshore and offshore captives owned by multinational energy company Phillips 66...
MORE

Vermont sponsored captive launched targeting energy sector

Energi Insurance Services and Houston International Insurance Group (HIIG) have formed a...
MORE

Vermont Captive Market Report 2018

Commercial insurance rates may be at all-time lows on many lines of...
MORE

Vermont PCC to service eldercare sector

A protected cell company (PCC) will finance a new insurance programme designed...
MORE

Johnson & Johnson ruling highlights NRRA confusion

The Tax Court of New Jersey’s opinion concerning Johnson & Johnson’s claim...
MORE

Vermont makes play for onshore reinsurance business

Vermont has passed legislation seeking to attract offshore reinsurers to set up...
MORE

Marsh and Willis lead new formation activity in Vermont

The Vermont Department of Financial Regulation has licensed 11 new captives in...
MORE

SOBC Sandell approved to manage captives in Vermont

The Vermont Department of Financial Regulation has approved SOBC Services Company Limited...
MORE

Vermont captive updates signed into law

Governor Phil Scott has singed the latest update to Vermont’s captive insurance...
MORE

Jury still out on ILS in Vermont – Rich Smith

Rich Smith, president of the Vermont Captive Insurance Association (VCIA), said the...
MORE

Advantage opens Vermont office

Advantage Insurance has opened its first office in Burlington, Vermont as it...
MORE

24 new captives in Vermont, 39 out

The State of Vermont licensed 24 new captives in 2017, while 39...
MORE

Vermont health network to move captive home

The University of Vermont Health Network will re-domesticate its Bermuda captive to...
MORE

Pitney Bowes and two RRGs among new Vermont formations

Global technology firm Pitney Bowes, Inc is one of eight new formations...
MORE

Chris Kramer joins Green Mountain

Green Mountain Sponsored Captive Insurance Company, a cell company domiciled in Vermont,...
MORE

VCIA considers offering onshore ILS option in Vermont

The Vermont Captive Insurance Association (VCIA) is exploring the possibility of facilitating...
MORE

Insurance agency forms Vermont’s 1,100th captive

The State of Vermont has passed another milestone, issuing its 1,100th captive...
MORE

Barclays captive among new licences in Vermont

Five new captives have been formed in Vermont during July and August,...
MORE

Vermont closes in on formation milestone

The State of Vermont has licensed nine captives to date in 2017...
MORE

Masonicare completes captive re-domestication to Connecticut

Keystone Indemnity Company, Ltd has completed its re-domestication from Vermont to Connecticut....
MORE

Healthcare captives take number one spot in Vermont

The healthcare industry has overtaken manufacturing as the largest individual sector owning...
MORE

Branch captives formed in Vermont and Hawaii

Two branch captives are among the new captive formations in the United...
MORE

Vermont’s tax credit changes passed by legislature

Changes to the tax credit system for captive insurers domiciled in Vermont...
MORE

The Debate: Domicile Evolution

Rich Smith of the Vermont Captive Insurance Association (VCIA) and Josh Magden...
MORE

Vermont legislation signed into law, tax credit changes carved out

Governor Phil Scott has signed House Bill 85 into law, updating Vermont’s...
MORE

Final Word: Ian Davis

Ian Davis has taken the reins from Dan Towle as Vermont’s director...
MORE

Davis outlines priorities for Vermont

Vermont’s new director of financial services has said medical malpractice, sponsored and...
MORE

Dan Towle’s Vermont successor announced

The State of Vermont has confirmed Ian Davis will replace Dan Towle...
MORE

R&Q acquires Cummins legacy captive

R&Q has announced its second captive acquisition in a week after completing...
MORE

Dan Towle: CICA job was not one I could pass up

Dan Towle, director of financial services for the State of Vermont, has...
MORE

Captives of all sizes will benefit from Vermont tax credit change – David Provost

The proposed tax credit change in Vermont’s latest captive bill will, if...
MORE

Agency captives a positive step for Vermont – Gary Osborne

Introducing agency captives to Vermont will boost both the profile of the...
MORE

Vermont makes play for smaller captives with new legislation

The Vermont Captive Insurance Association (VCIA) has put forward a captive bill...
MORE

26 new captives in Vermont, 29 out

There were 584 active captives in Vermont at 2016 year-end, with the...
MORE

Vermont license nine captives in December

The end-of-year rush resulted in nine new captive insurance companies being licensed...
MORE

Year in Review: Rich Smith

As 2016 draws to a close, Captive Review has asked a number...
MORE

Domino’s Pizza RRG among new formations

A group of Domino’s Pizza franchisees have formed a risk retention group...
MORE

Asian market and Vermont cells contributing to HDI captive growth

HDI Global, the industrial lines division within the German insurance group Talanx,...
MORE

Vermont license 11 captives in 2016, SPIs expected to dry up

The State of Vermont has licensed 11 new captives so far in...
MORE

Vermont Report 2016

Rich Smith, president of the Vermont Captive Insurance Association, introduces the Vermont...
MORE

Andrew Sargeant to retire in December

Andrew Sargeant, USA Risk Group’s chief operating officer and a captive servant...
MORE

Vermont captives write $27.5bn premium in 2015

Captive insurance companies domiciled in Vermont wrote more than $27bn in premium...
MORE

Vermont appoints new insurance commissioner

Vermont’s Governor Peter Shumlin has appointed Michael Pieciak as the State’s new...
MORE

Pennsylvania real estate firm withdraws from captive ratings

The Vermont-domiciled captive owned by Toll Brothers has had its financial strength...
MORE

Vermont not ashamed to replicate rival domiciles – Rich Smith

Rich Smith, president of the Vermont Captive Insurance Association (VCIA), has said...
MORE

States progress with updated captive statutes

Captive insurance bills in Vermont, Tennessee and Alabama have either been signed...
MORE

Captives drawn into Vermont’s Exxon Mobil divestment debate

A Vermont legislator has voiced concerns that the Governor’s campaign to divest...
MORE

New Vermont legislation to be proposed today

Rich Smith, chairman of the Vermont Captive Insurance Association (VCIA), will vouch...
MORE

11 re-domestications contributes to 33 new captives in Vermont

Vermont has reported a record year for re-domestications, licensing 11 captives that...
MORE

Solvency II Predictions: Dave Provost, Vermont

The implementation of Solvency II across the European Union (EU) may create...
MORE

Exclusive: Zurich establishes cell company in Vermont

The Zurich Insurance Group has formed a sponsored cell captive in Vermont,...
MORE

Interest in captive run-off transactions rising dramatically – Provost

David Provost, deputy commissioner for captive insurance in Vermont, has told Captive...
MORE

Willis launch Vermont PCC

Willis Global Captive Practice has established a protected cell company (PCC) in...
MORE

Vermont seeing more captives write cyber risk

Nineteen Vermont-domiciled captives are now writing cyber risk as a standalone insurance...
MORE

Exam costs among drivers of redomestication – Vermont

Vermont’s Captive Insurance Division believes the high cost of exams in other...
MORE

China trip to Vermont scuppered by corruption scandal

A clampdown on corruption among China’s insurance regulators and officials has prevented...
MORE

Vermont Report 2015

The Vermont Report 2015 examines what makes the United States' largest onshore...
MORE

Redomestications boost Vermont’s performance in 2015

Vermont, the United States’ largest onshore domicile, has benefitted from five captive...
MORE

Captive Clarification Act reintroduced in the US

Senators from Vermont and South Carolina have reintroduced the Captive Clarification Act...
MORE

US healthcare firm launches cat bond through Vermont captive

A $200m catastrophe bond covering earthquake risk is being brought to market...
MORE

Healthcare Report 2015

Creating or joining a captive vehicle to cover your healthcare risks is...
MORE

Vermont cell and capital legislation due to be signed

Vermont’s Governor Peter Shumlin is set to sign new captive legislation into...
MORE

Vermont’s capital and cell proposals pass Commerce Committee

Senate Bill 98, which proposes changes to Vermont’s cell regulation and capital...
MORE

Vermont proposes to loosen restrictions on captive cash

Captive insurance companies domiciled in Vermont may soon be able to make...
MORE

Vermont adds 16 new captives, but loses 17 in 2014

Vermont, the United States’ leading captive jurisdiction, made a net loss of...
MORE

M&A activity and multiple captive utilisation to drive US growth in 2015

North American captive business will be driven by increasing company use of...
MORE

Make sure 831(b) captives are true insurance vehicles – Smith

Rich Smith, president of the Vermont Captive Insurance Association (VCIA), has called...
MORE

Honeywell captive rated ‘Excellent’

The Vermont-domiciled captive of Honeywell International has had its financial strength rating...
MORE

Apogee Enterprises’ captive rated ‘Excellent’

Prism Assurance, the single parent captive of Apogee Enterprises, has had its...
MORE

Regulation dominates VCIA discussions – Smith

Regulation of the captive insurance industry, at state, federal and global levels,...
MORE

New US domiciles won’t remain in the game – Provost

The Vermont Captive Insurance Association (VCIA) and the state’s regulator David Provost...
MORE

VT and SC legislators target NRRA clarity for captives

Cross-party politicians have introduced two pieces of legislation to the United States’...
MORE

Captive expert to lead Vermont law firm

Stephanie Mapes has been elected president of Vermont-based law firm Paul Frank...
MORE

AT&T's Vermont captive rating affirmed

AM Best has affirmed the financial strength rating of A- (Excellent) and issuer...
MORE

Vermont House considers dormant captive licences

Draft legislation that would introduce dormant captive insurance company licences in Vermont...
MORE

Vermont continues with steady growth

Vermont licenced 29 new captives in 2013, bringing the Green Mountain State's...
MORE

Vermont power captive gets positive rating

Ratings agency A.M. Best has assigned a financial strength rating of B+...
MORE

Vermont proposes a dormant status for captives

Vermont is proposing to introduce legislation which offers a ‘dormant’ status for...
MORE

Provost tops Power 50

Vermont’s deputy commissioner of captive insurance, David Provost topped this year’s Captive...
MORE

Vermont licenses 1000th captive

The Vermont Department of Financial Regulation (DFR) has licensed the state's 1,000th...
MORE

Stable rating for Mexican telecommunication captive

Moody's Ratings has affirmed Mexican telecommunication company, América Móvil's, captive reinsurance company,...
MORE

Vermont appoints new deputy commissioner

Vermont’s Department of Financial Regulation has appointed a new deputy commissioner in...
MORE

Vermont captive insurance leglislative amendments signed into law

Governor Peter Shumlin has signed into law new captive legislation passed in...
MORE

Performa continue global expansion with new hire

Global investment manager P.R.P. Performa, has named Sandi Prescott as its global...
MORE

Dodd Frank and the NRRA: A continuing conundrum

It says something about the fiscal position of many US states that...
MORE

Vermont RRGs face compliance deadline

Vermont-based risk retention groups (RRG) must comply with the registration requirements of...
MORE

Substantial captive growth reported globally

Bermuda, Guernsey and Vermont saw substantial growth in captives across 2011.  ...
MORE

Glass solutions captive rating affirmed

Apogee Enterprises’ captive has had its financial strength rating of A- (excellent)...
MORE

JPMorgan Chase novates liabilities

JP Morgan Chase & Co has novated liabilities from its Bermudan captive...
MORE

Honeywell looks to write new risks

Honeywell is looking to write trade credit and supply chain risks into...
MORE

Exam costs a ‘hidden fee’

Captive exam fees can be costly in many growing US domiciles where...
MORE

Nevada appealing RRG court ruling

Nevada is making an appeal after a risk retention group (RRG) won...
MORE

Vermont issues 900th licence

The State of Vermont has issued its 900th captive insurance company licence...
MORE

Vermont captive growth rate increases

Vermont has licensed 17 new captive insurance companies in the first half...
MORE

Risk Service/AmTrust merger announced

Captive management/consulting firm and reinsurance intermediary Risk Services is to merge with...
MORE

Vermont captive director to step down

Peter Raymond, director of Captive Insurance for the Vermont Department of Banking,...
MORE

New Vermont Commissioner announced

Michael Bertrand, deputy commissioner of the Vermont Department of Banking, Insurance, Securities...
MORE

List in Our Services Directory

To submit your entry click on the link below, benefits include: 12...
MORE

Artex Acquires Champlain

Artex Risk Solutions has acquired Vermont-based Champlain Captive Management. The newly combined...
MORE
Dale Sagen, vice-president and business development leader with QBE Accident & Health, on how captive...
MORE
Captive Review has featured hundreds of prevalent captive leaders over our 25 years of existence,...
MORE
As Captive Review celebrates its 25th year in 2024, outgoing Captive Review publisher Nick Morgan...
MORE
As Captive Review turns 25 this year, leaders from the industry share their thoughts on...
MORE