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Energy-focused MGA Volt Underwriting launches
14 October 2024
UK Reporter Diana Bui

MGA Volt Underwriting launches today with an initial capacity of US$25 million for US and international onshore power and renewable energy risks

Marsh names Thomas-Ferrand as new head of captive insurance
11 October 2024
UK Reporter Diana Bui

Will Thomas-Ferrand will replace Ellen Charnley, president of Marsh Captive Solutions, who will retire at the end of 2024.

Fitch: Hurricane Milton could cost insurers US$50 billion
11 October 2024
US Reporter Diana Bui

Fitch has estimated Hurricane Milton’s insured losses will range from US$30 billion to US$50 billion, the largest amount since Hurricane Ian hit Florida in 2022

Marsh onboards Fox as Vice President for Emerging Risks Group
11 October 2024
US Reporter Diana Bui

Based in Boston, Ashley Fox joins from Liberty Mutual Insurance, where she had worked for more than 15 years, most recently as director of global strategy

Munich Re Specialty enters Spanish insurance market
11 October 2024
Spain Reporter Diana Bui

Munich Re Specialty has established a Spanish branch of Munich Re Risk Solutions Ireland, with the intention to begin underwriting in 2025

DIFC Insurance Association appoints new CEO
10 October 2024
UAE Reporter Diana Bui

Dubai International Financial Centre (DIFC) Insurance Association has named Zahir S. as CEO

NFP expands P&C offerings with Miller Insurance acquisition
10 October 2024
US Reporter Diana Bui

Aon’s company NFP has acquired Miller Insurance Group, a P&C and benefits agency based in Indiana

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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

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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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