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West Bend Insurance partners with ZestyAI
24 September 2024
US Reporter Diana Bui

West Bend Insurance has partnered with ZestyAI to use its Z-PROPERTY risk analytics platform to improve the accuracy of personal line underwriting and renewal processes

Everest Insurance announces senior appointments in multinational services team
23 September 2024
Bermuda Reporter Diana Bui

Everest Insurance has appointed Nuno Antunes as global head of multinational services and Ning Xu as manager of multinational network partners

Howden launches Resilience Laboratory supported by Microsoft
23 September 2024
UK Reporter Diana Bui

Howden has introduced the Resilience Laboratory, a platform that uses Microsoft technology to help companies assess and manage climate risks

AM Best assigns ‘Excellent’ ratings to Southwest Airlines’ captive
23 September 2024
US Reporter Diana Bui

AM Best has assigned a financial strength rating of ‘A-’ (Excellent) and a long-term issuer credit rating of ‘a-’ (Excellent) to Triple Crown Assurance, a Texas-based captive owned by Southwest Airlines

QBE opens new Leeds office
20 September 2024
UK Reporter Clelia Frondaroli

More than 450 employees will be based on the site to support QBE’s technology, finance and operations capabilities

AM Best affirms credit ratings of Sura Re
20 September 2024
Bermuda Reporter Diana Bui

Sura Re, as a captive reinsurer of Suramericana, has the primary role of participating in property business underwritten by its parents’ affiliates across Latin America

Asian Captive Conference 2024: Foster growth and innovation
20 September 2024
United Kingdom Reporter Diana Bui

The Asian Captive Conference (ACC) 2024, co-hosted by Labuan IBFC and the Labuan International Insurance Association (LIIA), is designed to “foster growth and innovation across the region”

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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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