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AM Best affirms ‘Excellent’ ratings for BNY Mellon’s captives
23 May 2025
Bermuda Reporter Diana Bui

AM Best has affirmed the financial strength ratings of ‘A’ (Excellent) and long-term issuer credit ratings of ‘a+’ (Excellent) for BNY Trade Insurance and The Hamilton Insurance Corporation

CIC Services broadens liability cover amid market strain
23 May 2025
US Reporter Diana Bui

CIC Services has expanded its EnviroCap Liability programme to provide additional cover within a captive insurance structure for businesses facing rising insurance costs and limited coverage options

WTW appoints Leclere to lead French captive team
22 May 2025
France Reporter Diana Bui

Edwina Leclere will lead the firm’s captive growth strategy in the French market and build a dedicated management team based in Paris

Global Captive Management launches Outcomes SPC
22 May 2025
US Reporter Diana Bui

Global Captive Management has launched Outcomes SPC, a segregated portfolio company aimed at lowering barriers to entry for businesses considering captive insurance

Lumen Re maintains ‘Excellent’ credit rating
22 May 2025
Bermuda Reporter Diana Bui

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a’ (Excellent) for Bermuda-based reinsurer Lumen Re

Generali partners with Unum in UK employee benefits deal
21 May 2025
Luxembourg Reporter Diana Bui

As part of the agreement, Unum will assume renewal rights for Generali UK’s employee benefits business, which includes its Group Risk products

Vermont updates captive insurance statutes in annual bill
21 May 2025
US Reporter Diana Bui

Vermont Governor Phil Scott has signed House Bill 137 into law, introducing a series of technical amendments to the state’s captive insurance statutes

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Latest issue 279
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Joe McDonald and Luke Renz from Captives.Insure sit down with John Savage to discuss how human dynamics shape successful captive programmes beyond financial metrics

North Carolina Captive Insurance Companies Division’s Lori Gorman and Joe Rosenberger shed light on how the state’s captive insurance market is evolving through enhanced infrastructure, regulatory expertise, and a growing service provider network.

Elsewhere, Diana Bui speaks with industry experts to test whether AI’s growing momentum in captive insurance lives up to the hype

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Interviews
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Jason Stevenson
ALT/r Consulting

Jason Stevenson, director at ALT/r Consulting, sits down with Karl Loomes to discuss the role of an independent consultancy and how to advise clients interested in captive insurance

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Eric Eckenstahler
Artex Risk Solutions

Eric Eckenstahler, a former professional athlete and insurance agency owner, shares insights into his journey to becoming captive director at Artex Risk Solutions, where he manages four group captives encompassing 250 member insureds

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John Michael Alexander and Ryan Basnett
South Carolina Department of Insurance

John Michael Alexander and Ryan Basnett from the South Carolina Department of Insurance explain the competitive advantages for small and medium-sized businesses when choosing South Carolina as the domicile to establish their captives

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Fenhua Liu
Connecticut Insurance Department

Connecticut Insurance Department’s Fenhua Liu talks about the upcoming CT Captive Insurance Forum and the plans to accelerate the captive growth in the State

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Features
Back to the latest news
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Inspiring the next wave

Diana Hardy and Bailey Roese, co-chairs of CICA’s NEXTGen initiative, share their insights and strategies for attracting more young talent to the captive insurance industry

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Mastering risks through captive insurance

Tibor Boettcher, CEO and executive director of Volkswagen Insurance Company, shares with Diana Bui how the captive plays a crucial role in the automotive giant’s risk management strategy

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No fate but what captives make

The rise of AI has been swift, but must captive insurance accept the technology as an inevitability and adapt, or resist?

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Domicile profiles
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Bermuda

As digital assets gain traction, the Bermuda Monetary Authority has adapted its regulatory framework, creating new opportunities for captive insurers in this evolving space

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The Cook Islands

Experts from the Cook Islands Financial Services Development Authority highlight the jurisdiction’s stability and regulatory maturity as key factors driving its appeal as a captive insurance domicile

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Barbados

Carmel L. Haynes, executive director at Barbados International Business Association, highlights the significance of the upcoming Barbados Risk & Insurance Management 2025 Conference in fostering innovative solutions and global collaboration in the industry

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Europe

Experts from AM Best delve into transformative trends in European captive insurance market, outlined in their latest report ‘New Domiciles Are Changing the Landscape for the European Captive Insurance Segment’

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