CICA Looks Forward to Fall Forum

The Captive Insurance Companies Association will be holding its Fall Forum from October 10 to 13 at the JW Marriott Starr Pass Resort & Spa in Tucson, Arizona. The Fall Forum will be the first non-regional event to be held with in-person attendance since the outbreak of the coronavirus pandemic in March of 2020. The 2020 CICA International Conference, initially …

RRG Cession Rate Holds Steady in 2020

The risk retention group cession rate held steady in 2020, with RRGs collectively ceding 45.8% of premium to reinsurers in 2020, a slight increase from the 45.4% of premium ceded to reinsurers by risk retention groups in 2019. The hard market has tightened the reinsurance market, but that tightening does not appear to have had a significant impact on overall …

Holding Steady: RRG Captive Manager Premium Rankings 2020

The rankings of captive managers by risk retention group premium largely held steady in 2020. This stability comes after a period of significant upheaval where long-term players in the risk retention group space such as USA Risk Group and JLT Towner fell from prominence or were acquired. It seemed that further shake-ups were in the cards when it was announced …

Breaking Down RRG State Registrations

Risk Retention Reporter Managing Editor Christopher Diemel participated on a panel at the 2021 VCIA Virtual Conference entitled “Are RRGs a Mature Industry?” Other participants on the panel included Vermont Assistant Director of Captive Insurance Christine Brown, MCIC Vermont (A Reciprocal RRG) Chief Risk Officer Chris Heckman, and Recreation RRG Secretary and Risk Management Officer Tim Herr. While discussing the …