captive formation News

BevCap Management Forms Onshore Captive Domiciled in North Carolina

BevCap Management, LLC (BevCap), an alternative risk program manager with captives domiciled both on and offshore, has formed HatterasRe, LTD, an onshore domiciled captive insurer for BevCap Health’s proprietary Medical Stop Loss program. The new captive will be domiciled in …

More Firms Turning to Insurance Captives in Tightening Market: Marsh

More organizations are using captives for insurance protection and financial flexibility in response to today’s risk and insurance landscape. In its 2020 captive report, insurance broker Marsh says that that tightening global insurance market conditions throughout 2019 led to higher …