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AM Best affirms ‘Excellent’ credit ratings of Stellar Insurance
10 January 2025
Bermuda Reporter Diana Bui

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) of Stellar Insurance, a single-parent captive of the Saudi Arabian Oil Company

CICA announces former UFC fighter as keynote speaker for 2025 conference
10 January 2025
US Reporter Diana Bui

The Captive Insurance Companies Association (CICA) has revealed that Justin Wren, founder and CEO of Fight For The Forgotten, will deliver the keynote address at its 2025 international conference

GuideFire debuts as captive advisory firm
10 January 2025
US Reporter Diana Bui

Industry veteran Jesse Olsen has launched GuideFire, a captive advisory firm based in Kansas City, Missouri

Swiss Re: Premium growth in US P&C insurance to decelerate in 2025
09 January 2025
US Reporter Diana Bui

The global reinsurer predicts premium growth to reach five per cent in 2025, down from prior expectations, with a further decline to four per cent in 2026

WTW makes executive appointments in Corporate Risk and Broking segment
09 January 2025
Europe Reporter Diana Bui

WTW has appointed Hugo Wegbrans as head of Corporate Risk and Broking Europe and Simon Delchar as global head of placement

Lloyd’s CEO Neal to depart for Aon
08 January 2025
UK Reporter Diana Bui

Lloyd’s CEO John Neal will be leaving in 2025 and will be joining Aon as global CEO of reinsurance and global chairman of climate solutions

Global captive numbers soar to 8,000 in 2024
08 January 2025
US Reporter Diana Bui

The total number of captives worldwide reached an estimated 8,000 in 2024, collectively writing approximately US$50 billion in premiums, according to Captives.Insure

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Latest issue 275
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Diana Bui sits down with industry experts to examine the momentum behind the surge in captives in France.

Gavin Souter, editor at Business Insurance, reveals what to expect in the 2025 World Captive Forum, scheduled for 5-7 February 2025, in Orlando, Florida.

Elsewhere, Diana Bui explores how captives can improve healthcare coverage by managing high-cost claims, increasing policy flexibility, and promoting health equity within organisations.

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Interviews
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Laurent Nihoul
Federation of European Risk Management Associations

Laurent Nihoul, board member and chair of the captive committee at the Federation of European Risk Management Associations (FERMA), discusses the impact of regulatory concessions under Solvency II for captives, classified as ‘small and non-complex undertakings’

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Enoch Starnes
SIGMA

SIGMA’s Enoch Starnes shares his journey in actuarial consulting and highlights the dynamic opportunities of working in the captive insurance industry

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Victor Gallardo
Helio Risk

Victor Gallardo talks to Diana Bui about his career move from the Oklahoma Insurance Department to Helio Risk and his future progression

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Jason Bishara
NSI Insurance Group

Jason Bishara, financial practice leader at NSI Insurance Group, sits down with Diana Bui to discuss the unique insurance challenges faced by micro and small-cap firms

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Features
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Time to look in the mirror

Global Captive Management’s James Trundle reflects on board self-assessments in Cayman captives

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When the tide is high

In the first of two articles on captive health insurance in the US, Diana Bui investigates how this alternative risk management could help employers mitigate the rising healthcare costs without compromising employees' well-being

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Is the time right?

As the UK government opens the door to a consultation on a UK captive insurance regime, industry experts ponder whether the nation is ready to embrace the opportunity to diversify its risk management landscape

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Domicile profiles
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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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United Arab Emirates

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

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United Kingdom

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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