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Price Forbes strengthens US reinsurance segment with senior hire
24 February 2025
US Reporter Diana Bui

Price Forbes Re has appointed Sherman Power to the newly created role of executive vice president, Alternative Risk and Capital Solutions

Ohio State University launches captive insurance company
24 February 2025
US Reporter Diana Bui

Ohio State University has established its own captive insurance company to better manage risks and control costs

Marsh: SMEs lag behind large firms in cybersecurity resilient in Europe
21 February 2025
EU Reporter Diana Bui

The study, titled ‘Why the Cybersecurity Gap Between SMEs and Large Organisations Matters’, highlights the challenges SMEs face in achieving cyber resilience compared to their larger counterparts

AM Best revises Mercury General’s outlook to ‘negative’
21 February 2025
US Reporter Diana Bui

AM Best has revised the outlooks for Mercury General Corporation and its subsidiaries to ‘negative’ from ‘stable’, citing uncertainty over wildfire-related losses and future reinsurance costs

Tennessee captive insurance market continues strong growth
20 February 2025
US Reporter Diana Bui

At the end of 2024, Tennessee licensed 11 new captives and 94 new cells, bringing the state’s total to 182 captives and 657 active cells

Washington legislature considers captive bill
20 February 2025
US Reporter Diana Bui

The Washington State legislature is reviewing House Bill 1842 (2025-26), which proposes allowing public utility districts to form, own, or utilise captive insurers

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

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Latest issue 277
Issue archive
Inside this issue

In this issue, 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

Industry experts from Connecticut discuss the growing captive industry in the State and the upcoming Connecticut Captive Insurance Forum

Elsewhere, 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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Interviews
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Mark Wiedeman
Tennessee Department of Commerce and Insurance

Mark Wiedeman, director of captive insurance at the Tennessee Department of Commerce & Insurance, discusses how Tennessee is emerging as a frontrunner in the rise of mid-market captives

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Carl Ericson
ClearPoint Health

Carl Ericson of ClearPoint Health shares his passion for developing innovative solutions for captive insurers in the healthcare space

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Kristen Peed
Risk and Insurance Management Society

Kristen Peed, president at the Risk and Insurance Management Society, speaks with Diana Bui about her aspirations to support and promote collaboration within the global risk professionals community

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Mariame Vásquez
Mandarin Re

Mariame Vásquez shares her aspiration to see the reinsurance captive grow, especially in emerging markets, and to be an active part of that expansion

Features
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A captive solution with premium potential

Capable, compelling, and with lower costs than a single-parent captive, Mark Dugdale looks at renting captives as an alternative risk financing strategy

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Weathering the storm

Industry experts examine how businesses can harness captives and reinsurance solutions to mitigate unprecedented climate risks

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Understanding IRS’s final rules on micro-captive transactions

As the IRS tightens rules on micro-captive transactions, industry experts highlight key implications for captive owners and outline strategies to navigate new compliance hurdles

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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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