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Hannover Re places world’s first catastrophe bond for cloud outage risk
18 April 2024
US Reporter Diana Bui

With a value of US$13.75 million, the bond aims to provide the firm with incremental retrocession protection.

AIG names Ryan Thomas as head of financial lines in Asia Pacific
18 April 2024
Singapore Reporter Diana Bui

Based in Singapore, Thomas will report to Chris Colahan, AIG regional president in Asia Pacific.

CFC acquires MGA Solution Underwriting
18 April 2024
Australia Reporter Diana Bui

Based in Melbourne, Solution is a specialist insurance underwriter that focuses on financial lines insurance products.

Aspen partners with Pimco to form Pando Re
17 April 2024
Bermuda Reporter Diana Bui

Aspen will be the sole cedant to Pando Re and Pimco will be the investment manager.

HDI Global introduces climate risk reporting service
17 April 2024
EU Reporter Diana Bui

HDI Global has introduced climate risk reporting to assist clients with physical climate risk analysis, in line with EU taxonomy guidelines.

Beat Capital to launch insurance underwriter firm Convergence
16 April 2024
UK Reporter Diana Bui

Convergence aims to target the insurance of credit risk portfolios, addressing the growing needs for portfolio solutions among banks and global financial institutions.

MacKay joins captive division at Risk Management Advisors
16 April 2024
Cayman Reporter Diana Bui

Previously, MacKay served as assistant vice president at Global Captive Management for more than seven years.

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Latest issue 266
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Scott Simmons and Michael Maglaras shine a light on the use of 831(b) of the Internal Revenue Code and how firms can protect themselves

Elsewhere, winning essays from the CICA College Student Contest 2024 are featured.

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Interviews
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Ryan Martin
South Carolina Department of Insurance

Ryan Martin, captive supervising financial analyst, South Carolina Department of Insurance speaks with Captive Insurance Times about his journey into the industry

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Ellen Charnley
Marsh

Marsh’s Ellen Charnley speaks to CIT about ReadyCell, the company’s AI-powered risk financing solution

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Tara Miller
Milliman

Milliman’s Tara Miller speaks to Frances Jones about her experiences and influences in the industry

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Alyssa Preidt
Capterra Risk Solutions

Alyssa Preidt of Capterra Risk Solutions speaks to Frances Jones about her experiences and influences in the industry

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Features
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Editor's pick
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High time for captive insurance

As the US cannabis industry grows, suboptimal insurance coverage has left industry players vulnerable to risk. CLIC RRG aims to offer the cannabis industry a new option

View all Editor's picks

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Work smarter, not harder

The insurance industry has been considered a ‘laggard’ to financial services in adopting new technologies such as the cloud. However, for generative AI, insurers have been quick to recognise opportunities. But what will this mean for workers and captive markets?

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Breaking the captive glass ceiling

The benefits of diversity in the workplace are widely known, although achieving it is not a ‘quick-fix’ solution. While centuries of systemic gender and racial biases remain deeply entrenched in society, an all-female panel of industry leaders at the World Captive Forum discusses challenges to leadership and diversity strategies for companies

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Domicile profiles
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The Bahamas

Dana Munnings-Gray, acting superintendent of insurance, outlines the benefits of The Bahamas as a captive domicile

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Labuan

Datuk Iskandar Mohd Nuli summarises how Labuan IBFC provides a complete captive-centric ecosystem that caters to the lifecycle of a self-insurance company

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Canada

Strategic Risk Solutions observes further domestic options for Canadian captives, while examining the markets of onshore domiciles, Alberta and British Columbia, and offshore in Barbados

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Missouri

MOCIA’s revitalised board discuss their aims for captive insurance in the region in 2024

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