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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

Bermuda Captive Conference 2025: 'Reimagining Risk' in focus
14 February 2025
Bermuda Reporter Diana Bui

The Bermuda Captive Conference is set to return for its 21st year from 9–11 June at the Hamilton Princess Hotel and Beach Club

Emerging risks and talent retention dominate captive discussions
13 February 2025
US Reporter Diana Bui

The captive insurance industry is facing key challenges and opportunities, from emerging risks to talent retention and the rise of tribal domiciles, said panellists at the 2025 World Captive Forum

MNK Re unveils energy facility for SMEs in Latin America
13 February 2025
UK Reporter Diana Bui

The facility offers up to US$50 million per declaration, catering to businesses that may not meet the minimum premium requirements of the London and Lloyd’s markets

Origin Specialty launches captive solution
12 February 2025
US Reporter Diana Bui

Origin Captive Solutions offers a wide range of risk management options for middle-market companies

Wilmington Trust partners with AccessFintech
12 February 2025
US Reporter Clelia Frondaroli

This would enable the real-time sharing of contract level data for the private credit market via the Synergy network

TNB Global Captive awarded highest credit assessment rating
12 February 2025
Malaysia Reporter Diana Bui

RAM Ratings has awarded its highest ‘aaa’ Labuan Entity Credit Assessment (LECA) rating to TNB Global Captive, based in the Labuan International Business and Financial Centre

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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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