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CICA announces topics for 2024-25 student essay contest
27 September 2024
US Reporter Diana Bui

The winning essays from the contest, sponsored by Hylant Global Captive Solutions, will be featured in Captive Insurance Times

Cayman Islands reinsurance roundtable breakfast returns to New York
26 September 2024
US, Cayman Islands Reporter Diana Bui

The Cayman Islands Reinsurance Companies Association (CIRCA) hosted a roundtable breakfast last week at the Harvard Club in New York City, attracting the participation of more than 200 leaders and experts in the industry

Marsh and Tokio Marine Kiln introduce insurance facility for ports and terminals
26 September 2024
UK Reporter Diana Bui

The product is the first of its kind available in the market, offering capacity up to US$50 million for trade disruption, such as the impact of geopolitical events and weather-related incidents

Fawcitt and Lill promoted to Vice President at USA Risk Group
26 September 2024
Cayman Islands Reporter Diana Bui

USA Risk Group has promoted Barb Fawcitt and Steven Lill from assistant vice president (VP) to VP

WTW launches China Client division
25 September 2024
US Reporter Diana Bui

WTW has launched the China Client division within Corporate Risk and Broking, North America, expanding its presence and broadening offerings in the Chinese market

Fitch assigns 'A-' insurer financial strength rating to Eureka Re
25 September 2024
Barbados Reporter Diana Bui

Fitch Ratings has assigned a long-term insurer financial strength rating of 'A-' to Eureka Re, a Barbados-based reinsurer established by the Rainmaker Group

Verve Risk Services launches new captive product
24 September 2024
US Reporter Diana Bui

The newly launched ‘Micro-Captive Defender’ product provides captive insurance companies with defence cost coverage

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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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