The Bermuda Monetary Authority (BMA) registers three new insurers in May 2026, comprising a Class 3B insurer, a Class E insurer and a Class C insurer.
AM Best assigns a Financial Strength Rating of 'A-' (Excellent) and a Long-Term Issuer Credit Rating of 'a-' (Excellent) to SAIC Motor Insurance Limited (SAIC Captive). The outlook assigned to the ratings is stable.
The BMA proposes extending its Conduct of Business framework to all insurers writing retail business direct to individuals, wherever they are located, within a wider consultation on investment governance and group supervision.
Gallagher Re warns that the methods currently used to assess artificial intelligence (AI) models are not fit for underwriting purposes, and that better evaluation is needed to give insurers confidence in pricing AI risk.
GPW & Associates appoints Brad Mundine as director, business development, focused on partner relationships and helping clients implement tailored risk management and insurance solutions.
Berkley Accident and Health promotes Denise Lawrence to director of account management within its Group Captive Division.
Captive Resources promotes Jamie Hamilton to associate program manager.
Under the theme 'Captive Insurance Solutions for Today's Risk Management Challenges', the 2025-2026 CICA Student Essay Contest invited emerging risk professionals to develop strategic solutions for complex global risks. Students from Temple, St. Mary's, and UW-Madison share their research insights and career aspirations.
Andre Luiz Baldo, programme business analyst at Oxford Risk Management Group within Arrowhead Specialty, speaks with Nicole Bennett of Captive Insurance Times, three years on from our Emerging Talent series, about his evolving view of captives as strategic assets and where hybrid captive structures and parametric solutions are heading.
Following NFP’s acquisition of Trinity Risk Advisors, founder Alan Wise, sits down with Nicole Bennett to discuss the expanding appeal of group captives for middle-market businesses, the eligibility criteria organisations must meet, and where the model is heading next
Lori Gorman, deputy commissioner, and Joe Rosenberger, chief captive analyst, at the North Carolina Department of Insurance (NCDOI), Captive Insurance Companies Division, speak with Nicole Bennett of Captive Insurance Times about solvency expectations, data quality, programme integration, and the regulatory flexibility shaping the domicile’s approach to a rapidly evolving property captive market.
From a foundational self-insurance vehicle to a rated capital partner writing parametric coverage and global employee benefits, Vertex Pharmaceuticals’ Vermont-domiciled captive Torreyana is redefining what a biotech captive can achieve. Mark Dugdale reports
Jack Meskunas, managing director of investments at Oppenheimer & Co, examines what the bond market reveals about the true health of companies, and why captive insurance portfolios deserve active management over passive index fund exposure.
Jennifer Haskell, director of regulatory compliance at Risk Services Companies and president of the Alabama Alternative Risk Alliance, details how industry and regulatory collaboration has shaped proposed revisions to the state’s Captive Insurers Act, and explains why a narrow definitional clause could carry unintended consequences for the more than 30 risk retention groups domiciled in Alabama.
Paul Shimomoto, president and director, Hawaii Captive Insurance Council, looks at why the domicile is the perfect home for captive insurers
Carter Lawrence, commissioner of the Tennessee Department of Commerce and Insurance, sits down with John Savage to talk about the state’s growth as a captive domicile
Kevin Poole, general manager at the Insurance Managers Association of Cayman, sits down with Captive Insurance Times to discuss the domicile’s captive positioning
Italy is carving out a growing presence in the European captive insurance market, as domestic licences, redomiciliations and evolving regulation begin to reshape its position among emerging domiciles in Europe
