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Falcon Risk Services introduces professional liability line for brokers
19 February 2025
US Reporter Diana Bui

Falcon Risk Services, an MGA owned by HDI Global Specialty, has launched SOAR, a standalone professional liability insurance policy tailored for insurance agents and brokers

Aon names Richards as Asia Pacific CEO
18 February 2025
Singapore Reporter Diana Bui

Jennifer Richards succeeds Anne Corona, who was recently named CEO of enterprise clients and global chief commercial officer

ASR and BOAD collaborate on captive feasibility study
18 February 2025
Africa Reporter Diana Bui

Africa Specialty Risks (ASR) has partnered with the Banque Ouest Africaine de Développement (BOAD) to explore the potential of establishing a captive insurance entity

Martin moves to WTW from South Carolina Department of Insurance
18 February 2025
US Reporter Diana Bui

Previously, Ryan Martin served as a financial analyst in the Captive Insurance division and was later promoted to supervising financial analyst

Oklahoma Insurance Department corrects captive premium tax forms
17 February 2025
US Reporter Diana Bui

The Oklahoma Insurance Department is correcting the 2024 captive insurance premium tax report forms on the NAIC's OPTins portal, with the updated forms expected to be available this week

Sompo restructures into global P&C and wellbeing segments
14 February 2025
Japan Reporter Diana Bui

Sompo Holdings has reorganised its businesses into two global business segments, Sompo P&C (re)insurance and Sompo Wellbeing, effective from 1 April

AM Best assigns ‘Excellent’ ratings to Torreyana Insurance Company
14 February 2025
US Reporter Diana Bui

AM Best has assigned a financial strength rating of ‘A’ (Excellent) and a long-term issuer credit rating of ‘a’ (Excellent) to Torreyana Insurance Company, a Vermont-based captive insurer for Vertex Pharmaceuticals

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Latest issue 276
Issue archive
Inside this issue

In this issue, Mark Wiedeman, director of captive insurance at the Tennessee Department of Commerce & Insurance, discusses how Tennessee is emerging as a frontrunner in the rise of mid-market captives

Diana Bui sits down with industry experts to examine how businesses can harness captives and reinsurance solutions to mitigate unprecedented climate risks

Elsewhere, Kristen Peed, president at the Risk and Insurance Management Society, speaks about her aspirations to support and promote collaboration within the global risk professionals community

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Interviews
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Mariame Vásquez
Mandarin Re

Mariame Vásquez shares her aspiration to see the reinsurance captive grow, especially in emerging markets, and to be an active part of that expansion

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Laurent Nihoul
Federation of European Risk Management Associations

Laurent Nihoul, board member and chair of the captive committee at the Federation of European Risk Management Associations (FERMA), discusses the impact of regulatory concessions under Solvency II for captives, classified as ‘small and non-complex undertakings’

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Enoch Starnes
SIGMA

SIGMA’s Enoch Starnes shares his journey in actuarial consulting and highlights the dynamic opportunities of working in the captive insurance industry

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Victor Gallardo
Helio Risk

Victor Gallardo talks to Diana Bui about his career move from the Oklahoma Insurance Department to Helio Risk and his future progression

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Features
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Vive la révolution

France has made a dramatic move into the captive insurance scene, reshaping the European market as industry experts examine the momentum behind its surge in new captives

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Navigating the high tide

In the second instalment of a two-part feature on captive health insurance in the US, Diana Bui explores how this model can improve healthcare coverage by managing high-cost claims, increasing policy flexibility, and promoting health equity within organisations

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Breaking new ground and paving the way

John Savage brings together industry experts to reflect on the key trends that defined the captive insurance landscape in 2024 and share their predictions for the challenges and opportunities ahead in 2025

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Domicile profiles
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Hong Kong

The success of Hong Kong’s current cohort of captives is spurring the jurisdiction’s leaders and regulators into action in a bid to encourage local and Chinese companies to follow suit

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Delaware

Delaware’s rise as a key player in captive space is no accident, with its robust regulatory framework, strategic location, and commitment to responsive service making it a top choice for businesses

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United Arab Emirates

With the UAE’s two financial-free zones stepping up their game, more local and regional businesses may be looking closer to home to meet their captive insurance needs

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United Kingdom

Michael Whitfield, head of UK relationships at Atlas Insurance, talks to John Savage about the rising opportunities for protected cell company in the UK market

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