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BIBA’s CEO Steve White set to retire
10 May 2023
UK Reporter Jenna Lomax

The longest-serving CEO in the association’s 47-year history, White plans to leave the association in the second half of this year

Ocorian welcomes Sarah Grantham to capital markets team
10 May 2023
UK Reporter Jenna Lomax

Based in London, Grantham will be responsible for supporting growth in Ocorian’s loan agency and trustee services with a focus on direct lending, leveraged finance, restructuring, debt capital markets and escrow transactions

Tennessee licenses 1000th risk-bearing entity
09 May 2023
US Reporter Frances Jones

The Tennessee Department of Commerce and Insurance’s Captive Insurance Section has licensed its 1000th risk-bearing entity

Richard Foulger departs AEGIS London
09 May 2023
UK Reporter Jenna Lomax

AEGIS London’s head of claims Richard Foulger (pictured right) is to retire in June after a 23-year tenure with the company. He will be replaced by Kerry Williams (pictured left), currently deputy head of claims

Sutherland and Bold Penguin partner on commercial insurance solutions
09 May 2023
US Reporter Lucy Carter

Digital transformation technology and service provider Sutherland has partnered with digital commercial insurance platform Bold Penguin

AM best revises ratings from negative to stable for QBE’s key subsidiaries
05 May 2023
Global Reporter Frances Jones

AM Best has revised the outlook of the long-term issuer credit ratings (ratings) of QBE Insurance Group’s key operating subsidies from negative to stable

BHSI reshuffles global underwriting leadership
05 May 2023
Global Reporter Frances Jones

Berkshire Hathaway Specialty Insurance has promoted Hilary Browne (pictured left) and Cameron Holmes (pictured right) to global underwriting leadership positions

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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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