The outlook for the ILS market is positive, following continued growth in 2018, according to a report from Willis Re

The Bermuda captive market showed increased growth year-on-year, despite some difficult global market conditions

Regulatory risks, such as the IRS and the US government, will be the major obstacle for captive insurance companies in 2019, according to John Talley, from the Missouri Department of Insurance

The Texas Department of Insurance has amended its captive insurance regulation to implement the changes passed into law by the Texas legislature in 2015 and 2017

A.M. Best has upgraded the financial strength rating from A- (Excellent) to A (Excellent) and the long-term issuer credit rating from “a-” to “a” of PMG Assurance, the captive insurer for the Sony Group

MMC international employee benefits business Mercer Marsh Benefits has appointed Hervé Balzano as leader of Mercer Marsh Benefits international, effective 18 March

Hawaii licensed eight new captive insurance companies in 2018, according to statistics from the Hawaii Captive Insurance Council

The Delaware Department of Insurance licensed 46 new captive insurance companies last year, a drop from the 117 captives licensed in 2017

Captive management firm Atlas Insurance Management has announced it will adhere to the SIIA’s new Captive Manager of Conduct

SIIA has released the SIIA Captive Manager Code of Conduct to provide ethical business conduct guidance to captive managers

394 natural catastrophic events caused $225 billion in economic losses in 2018, according to the Aon Catastrophe Report

The amount of premium insured by RRGs has grown to more than $3 billion, according to Pinnacle Actuarial Resources’ 2018 RRG Benchmarking Study