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U.S. Treasury and IRS propose regulations to identify micro-captives as abusive tax transactions
12 April 2023
US Reporter Frances Jones

The U.S. Treasury Department and IRS have issued proposed regulations to identify certain micro-captive transactions as "listed transactions" and "transactions of interest"

Mark Tolotos leaves Skyward for Ascot
12 April 2023
US Reporter Frances Jones

Ascot has appointed Mark Totolos (pictured) to its newly created role of senior vice president, captive solutions, US

Canopius partners with FIG for inland marine coverage
11 April 2023
US Reporter Frances Jones

Specialty reinsurer Canopius Group has partnered with FIG to offer inland marine coverage in the US

Talisman Casualty offers new tailored claims management technology
11 April 2023
Nevada Reporter Frances Jones

Talisman Casualty Insurance Company is using new technology to offer tailored claims management for all its insureds protected captive cell insurance needs

Kin secures $100m catastrophe bond with Hestia Re
11 April 2023
US Reporter Frances Jones

Kin Insurance’s reciprocal carrier The Kin Interinsurance Network has secured a second US $100 million multi-year private placement catastrophe bond with special purpose insurer Hestia Re

GC&C bolsters team in France
11 April 2023
France Reporter Frances Jones

GC&C France has appointed Aurélie Julie Beuffé (pictured) as head of client broker relationship management, effective 1 June 2023

Florida Bill 516 will have “devastating impact” on RRGs writing commercial liability, says NRRA
06 April 2023
US Reporter Jenna Lomax

The Florida Bill 516 will have a “devastating impact” on every risk retention group writing commercial liability, including auto, according to the National Risk Retention Association

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Inside this issue

In this issue of Captive Insurance Times, industry experts sit down with Diana Bui to discuss why Bermuda is a top choice to establish a captive.

Christina Kindstedt, president at Advantage Insurance Management, speaks to Diana Bui about the benefits of independent captive management.

Elsewhere, Barry White, EVP for Artex North America, sits down with John Savage to discuss the benefits of Artex’s new PCC domiciled in Vermont.

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Interviews
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Zlata Cavka
Advantage Insurance Management

Zlata Cavka, an account administrator working with captive companies in Vermont, speaks with Diana Bui about captive management and emerging opportunities in the industry

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Timothy Marlin
Marsh

Timothy Marlin, senior vice president in Cyber Practice for US and Canada at Marsh, talks about the structure and operating model of Edgware Re group captive

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Jeb Dunkelberger
ClearPoint Health

Jeb Dunkelberger, founder and CEO of ClearPoint Health, talks about the company’s new initiative focusing on the ‘full spectrum’ of alternative risk solutions for health insurance

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Dr Dirk Höring
HDI Global

Dr Dirk Höring, member of HDI Global’s executive board for property, engineering and marine insurance, and risk consulting, explains about the new climate risk reporting (CRR) service and its benefits for captives

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Features
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Navigating captive regulations across US states

In the first of two articles on captive legislation in US states, Diana Bui talks to regulators from Vermont, Utah and North Carolina about their strategies to stay competitive and adapt to industry changes

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Upskilling in the captive industry

J.J. DeBrosse, Tom Faulconer and William Gulley from Butler University’s Lacy School of Business, talk about different programmes for professionals working in risk and insurance industry

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Investment income and payment efficiencies

Andy Roderique, assistant vice president at IPFSDirect, and Greg Cobb, director of Insurance Solutions at Sage Advisory Services, discuss how effective investment and payment strategies contribute to captive growth

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Domicile profiles
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Asia Pacific

Henry Brandts-Giesen and Jackson Tu’inukuafe of Dentons talk about key domiciles for captive insurance in Asia Pacific

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South Carolina

As South Carolina continues to grow as a captive domicile, the benefits of its stable captive regime have come to bear. Challenges persist in the industry as a whole, however, continued growth will require reflection on how best to handle them

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North Carolina

Ten years after the inception of its captive insurance law, North Carolina is flourishing, having hit a significant milestone in licences, and having become the third largest domicile in the US. Ned Holmes examines what the Old North State is doing right

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Alberta

Patrick Ferguson, senior vice president at Marsh Captive Solutions, dissects the key factors that make the Canadian province Alberta a viable option for market participants, and considers how the domicile needs to develop to invite further offshore and onshore participation

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