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Tennessee workers’ compensation rates decline for 12th consecutive year
24 January 2025
US Reporter Diana Bui

Most businesses will benefit from lower workers’ compensation insurance premiums in Tennessee, starting 1 March, according to the Tennessee Department of Commerce and Insurance

WTW unveils new investment management insurance offering in US
24 January 2025
US Reporter Diana Bui

Willis, part of WTW, has launched its Investment Management Insurance (IMI) Plus product for US clients

Aon launches life and health reinsurance practice in India
24 January 2025
India Reporter Diana Bui

Aon has appointed Renuka Nar as head of broking and Neha Shah as chief actuary of the new unit

SRG collaborates with Ecclesia Group
23 January 2025
Europe Reporter Clelia Frondaroli

The acquisition will see SRG expand into mainland Europe following their launch in Asia Pacific in 2024

Fitch: LA wildfires may cost 30% of European reinsurers' 2025 budgets
23 January 2025
UK Reporter Diana Bui

The recent wildfires in Los Angeles could use up more than 30 per cent of the natural catastrophe budgets set by Europe’s largest reinsurers for 2025, according to Fitch Ratings

DIFC and Lloyd’s partner to develop insurance talent in Middle East
22 January 2025
UAE Reporter Diana Bui

The Dubai International Financial Centre Academy and Lloyd’s Academy have signed a MoU to collaborate on talent development in the (re)insurance sectors in the region

Gallagher Re: Natural catastrophe insured losses reach US$154bn in 2024
22 January 2025
US Reporter Diana Bui

Hurricanes Milton and Helene were the costliest events for insurers in 2024, each causing US$20 billion in insured losses

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Latest issue 278
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Karl Loomes sits down with Jason Stevenson, director at ALT/r Consulting, to discuss the role of an independent consultancy and how to advise clients interested in captives.

As digital assets gain traction, the Bermuda Monetary Authority has adapted its regulatory framework, creating new opportunities for captive insurers in this evolving space.

Elsewhere, Diana Bui talks to Diana Hardy and Bailey Roese, co-chairs of CICA’s NEXTGen initiative, about strategies for attracting more young talent to the captive insurance industry.

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Interviews
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Mark Wiedeman
Tennessee Department of Commerce and Insurance

Mark Wiedeman, director of captive insurance at the Tennessee Department of Commerce & Insurance, discusses how Tennessee is emerging as a frontrunner in the rise of mid-market captives

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Carl Ericson
ClearPoint Health

Carl Ericson of ClearPoint Health shares his passion for developing innovative solutions for captive insurers in the healthcare space

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Kristen Peed
Risk and Insurance Management Society

Kristen Peed, president at the Risk and Insurance Management Society, speaks with Diana Bui about her aspirations to support and promote collaboration within the global risk professionals community

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Mariame Vásquez
Mandarin Re

Mariame Vásquez shares her aspiration to see the reinsurance captive grow, especially in emerging markets, and to be an active part of that expansion

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Features
Back to the latest news
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A captive solution with premium potential

Capable, compelling, and with lower costs than a single-parent captive, Mark Dugdale looks at renting captives as an alternative risk financing strategy

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Weathering the storm

Industry experts examine how businesses can harness captives and reinsurance solutions to mitigate unprecedented climate risks

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Understanding IRS’s final rules on micro-captive transactions

As the IRS tightens rules on micro-captive transactions, industry experts highlight key implications for captive owners and outline strategies to navigate new compliance hurdles

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Domicile profiles
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Barbados

Carmel L. Haynes, executive director at Barbados International Business Association, highlights the significance of the upcoming Barbados Risk & Insurance Management 2025 Conference in fostering innovative solutions and global collaboration in the industry

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Europe

Experts from AM Best delve into transformative trends in European captive insurance market, outlined in their latest report ‘New Domiciles Are Changing the Landscape for the European Captive Insurance Segment’

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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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