From the 2017 June Risk Retention Reporter

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Industry Gears Up for Annual VCIA Conference in August

The Vermont Captive Insurance Association Conference, slated for this August 8 through 10 in Burlington, Vermont, will feature a wide array of educational, legislative, industry-specific and other sessions and include presentations from both regulators and a range of insurance professionals on everything from accounting to risk management to tax law....

Puerto Rico: A Domicile with Risks and Rewards

The U.S. territory of Puerto Rico has been growing as both a domicile for captives and as a market for both captives and risk retention groups—and that doesn’t seem likely to change, despite a recent bankruptcy caused by over $70 billion in debt and a long-shot bid at statehood. However, concerns about the economic turmoil engulfing the island territory remain...

Mechlin Moore, a Key Voice in the RRG Industry, Passes Away

The risk retention group industry is mourning the loss of Mechlin Moore, the former Director of Communications for the National Risk Retention Association (NRRA) and the lead feature writer at the Risk Retention Reporter for many years. Moore passed away in his sleep on the night of June 13 after a prolonged battle with cancer. He was 87...

RRGs Post Surplus Gains, Assets Flat

Despite continued unfavorable market conditions RRGs have continued to post strong financials—excepting income figures where RRGs, like the greater property/casualty market, took a hit in 2016. (See May 2017 Risk Retention Reporter) Total admitted assets for RRGs were flat in 2016, increasing by 0.7% to $11,619.2M, while growth in surplus for risk retention groups slightly outpaced premium growth, increasing by 2.4% to $4,762.1M...

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RRGs & PGs

As of June 2017
230 RRGs
991 PGs