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Governor Lamont signs new Connecticut captive insurance law
26 June 2023
US Reporter Frances Jones

Connecticut Governor Ned Lamont (pictured) has signed Public Act 23-15 into law.

Marsh, Aon and Lloyd’s to support Ukraine’s insurance market
23 June 2023
Ukraine Reporter Frances Jones

Marsh McLennan (Marsh) has announced that it will work with the Ukrainian government to help it access the global insurance market

CAC Group appoints Joost and Rice to leadership roles
23 June 2023
US Reporter Frances Jones

CAC Group has appointed Eric Joost as chief operating officer and Grantland Rice as chief administrative officer

Oklahoma Insurance Department submits comment on proposed IRS captive regulations
22 June 2023
US Reporter Frances Jones

The Oklahoma Insurance Department (OID) has submitted comment in reference to regulations proposed by the U.S. Treasury Department and the Internal Revenue Service (IRS)

Airmic updates captive governance guide
22 June 2023
UK Reporter Frances Jones

Airmic has updated its captive governance guide

Arbol and The Institutes RiskStream Collaborative launch peril events data tool
21 June 2023
US Reporter Buster Guy

The blockchain-powered platform calculates parametric loss for severe storm catastrophe transactions

Guy Carpenter appoints Vincenzo Cacica as CEO of Italy
21 June 2023
Italy Reporter Macy Heath

Based in Milan, he will report to Dorothée Mélis-Moutafis, interim CEO of Europe, and will be responsible for overseeing all broking activities across the country

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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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