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FERMA releases latest Policy Note
18 October 2024
EU Reporter Clelia Frondaroli

The review highlights the need to address any unintended consequences of the original directive

IA supports 2024 Policy Address
18 October 2024
Hong Kong Reporter Clelia Frondaroli

The address outlines a variety of measures that aim to facilitate the development of the insurance industry in Hong Kong

GC&C appoints Silvestri as Head of Aviation
17 October 2024
Italy Reporter Clelia Frondaroli

Alongside his new position, Silvestri will also maintain his current role as head of aviation within the underwriting function of GC&C Italy

Specialist Risk Group names Yap as CEO of APAC
17 October 2024
Singapore Reporter Karl Loomes

This move comes as part of SRG’s broader expansion in the region, following its recent acquisition of HL Suntek Insurance Brokers

AM Best affirms credit ratings of Stonefort Reinsurance
16 October 2024
Luxembourg Reporter Diana Bui

AM Best has affirmed the financial strength rating of ‘A-’ (Excellent) of Stonefort Reinsurance, a Luxembourg-based subsidiary of HOCHTIEF Aktiengesellschaft

Optio Group appoints van der Veer as Managing Director for Europe
16 October 2024
UK Reporter Diana Bui

Optio Group has appointed Marc van der Veer to the newly created role of managing director for Europe, effective immediately

Cayman reports continued growth in captive licences in Q3 2024
15 October 2024
Cayman Islands Reporter Diana Bui

With 24 new licensees from the first half of 2024, CIMA authorises a total of 29 international insurance companies so far in 2024, representing a notable increase over the same period in 2023

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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
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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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