Vermont—the largest domestic captive and risk retention group domicile—reported another strong year of growth in 2022. Vermont licensed 41 new captive insurance companies in 2022, taking the total number of captives in the state up to 639. It was the sixth best year for captive formations in the over 40 years that Vermont has operated as a captive domicile. “While ...

The 2022 Risk Retention Group Directory & Guide (Directory) is available. The Directory includes profiles of 237 risk retention groups, including a description of the RRG, five-year historical data, contact information, and lines of coverage. This is an increase over the 224 risk retention groups included in the 2021 edition of the Directory & Guide as the number of operational ...

Introduction When I began my time at the Risk Retention Reporter in February of 2013, the risk retention group industry was coming off a near record high of 261 operational risk retention groups. The 2000s had just ended, when the number of operational RRGs had surged from 65 in 2000 to 262 in 2008. The growth in the 2000s was ...