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Resilience expands cyber insurance to US clients via London market
20 February 2025
UK Reporter Diana Bui

Resilience has expanded its partnership with RSA Insurance to underwrite cyber insurance for US clients on a surplus lines basis from London

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

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Latest issue 278
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Karl Loomes sits down with Jason Stevenson, director at ALT/r Consulting, to discuss the role of an independent consultancy and how to advise clients interested in captives.

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

Elsewhere, Diana Bui talks to Diana Hardy and Bailey Roese, co-chairs of CICA’s NEXTGen initiative, about strategies for attracting more young talent to the captive insurance industry.

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Interviews
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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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Waqqas Asghar
RH CPAs

Waqqas Asghar, audit director at RH CPAs, speaks to John Savage about harnessing captives to optimise financial benefits during mergers and acquisitions and initial public offerings

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Jacqueline Quintal
Marsh

Jacqueline Quintal, managing director in Financial Institutions Group at Marsh, sheds light on the use of digital assets in the captive insurance space

Features
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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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Partnerships shaping Connecticut’s captives

Leaders from key organisations share insights on regulatory support, economic impact, and the evolving role of InsurTech in the captive market

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Domicile profiles
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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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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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