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Captive premiums report rapid growth in Michigan
24 June 2024
US Reporter Diana Bui

Michigan captive insurer premiums exceeded US$3 billion in 2023, marking an increase of 25 per cent over the previous year.

AM Best revises outlooks to ‘positive’ for Vermont-based captive
21 June 2024
US Reporter Diana Bui

AM Best has revised the outlooks to ‘positive’ from 'stable’ for the National Guaranty Insurance Company of Vermont, Waste Management’s captive.

Brown rejoins Hylant as Captive Consultant
21 June 2024
US Reporter Diana Bui

Danielle Brown worked as a captive account manager at Hylant before she left the company in October 2023 to serve as a captive insurance examiner for Vermont State.

Everest welcomes Constantinou to Australian insurance team
21 June 2024
Australia Reporter Diana Bui

Everest Insurance has appointed Arthur Constantinou as head of energy and construction in the Pacific.

Cayman Captive Forum registration opens
20 June 2024
Cayman Islands Reporter Diana Bui

The Cayman Captive Forum 2024 will take place from 3 - 5 December at the Ritz-Carlton, Grand Cayman.

Arch Insurance names Tous as European Director of Strategy and Distribution
20 June 2024
Spain Reporter Diana Bui

In his new role, Roberto Tous will be responsible for leading Arch’s European underwriting teams to develop strategic broker relationships and strengthen the company’s distribution strategy.

ZestyAI partners with Duck Creek to boost risk analytics model
20 June 2024
US Reporter Diana Bui

The new solution allows P&C insurers to assess and manage climate-related risks using advanced property analytics and specific risk scores.

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Latest issue 273
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Würk CEO Deborah Saneman unveils new captive offerings to help the legal cannabis industry in the US secure employee benefits.

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.

Elsewhere, 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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Interviews
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Nate Reznicek
Captives.Insure

Nate Reznicek, president and principal consultant at Captives.Insure, discusses how the firm's independent approach to captive consulting and underwriting benefits brokers and captive managers

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Jen Lee
QBE North America

With rising demand for organ transplants straining the budgets of self-funded health plans, Jen Lee, vice president at QBE North America, speaks with Diana Bui about how the company’s specialised coverage and stop-loss integration offer a comprehensive solution while ensuring high-quality patient care

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Clint Casabella
Grid151

Clint Casabella, senior vice president for strategy and business development at Grid151, highlights the potential for title reinsurance solutions to address gaps left by traditional title insurers in the captive insurance market

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TJ Strickland
Strickland Hardee

TJ Strickland, managing partner at Strickland Hardee, explains the federal tax implications for captives in the US and how to reduce the risk of IRS scrutiny

Features
Back to the latest news
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Expanding footprint in Asia

The Cayman Islands opened its Asia office in Singapore in June this year in an attempt to bolster its offering in the region. Ned Holmes drills into the motivation behind their latest expansion and what it says about the Asian captives market

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Reshaping asset strategies under Solvency II

Diana Bui sits down with industry experts to assess how Solvency II modifications and other regulatory changes affect asset management strategies for captive insurers in Europe

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Insurtech’s well-laid plan

The innovation, creativity and agility of insurtechs make them a perfect fit for captive insurance when the time is right

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Domicile profiles
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Europe

Europe, home to many of the world’s leading financial centres, has yet to fully capitalise on its potential in the captive insurance market. Experts explore strategies to unlock the continent's untapped potential for growth in captive

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Michigan

Michigan’s captive premium volume grew beyond US$3 billion in 2023 as it continued to establish itself in a competitive US market. Ned Holmes investigates how the domicile has made up for lost time

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The Cayman Islands

The Cayman Islands is emerging as a leading hub for insurance-linked securities and collateralised reinsurance, attracting diverse industry players with innovative licensing and rapid regulatory processes

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The Bahamas

Dana Munnings-Gray, acting superintendent of insurance at the Insurance Commission of The Bahamas, outlines how to harness captive insurance to enhance wealth management and risk mitigation

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