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Marsh: Insurance informs cyber risk management strategy
09 June 2022
US Reporter Rebecca Delaney

Insurance is a key component of cyber risk management strategy and influences the adoption of best practices and controls, according to a new Cyber Risk Survey by Marsh and Microsoft

Demotech: RRGs show financial stability
09 June 2022
Ohio Reporter Rebecca Delaney

RRGs collectively reported a slight increase to policyholders’ surplus in Q1 2022 while remaining financially stable, according to an analysis report by Douglas Powell, senior financial analyst at Demotech

Registration opens for hybrid Bermuda Captive Conference
08 June 2022
Bermuda Reporter Rebecca Delaney

The Bermuda Captive Conference will return to a partially in-person event in September for the first time in three years

Hong Kong issues second and largest ILS cat bond
07 June 2022
Hong Kong Reporter Rebecca Delaney

The Insurance Authority has licensed its second and largest issuance of insurance-linked securities in Hong Kong, in the form of a 144A catastrophe bond

EY adds senior manager to captive services team
06 June 2022
Arizona Reporter Rebecca Delaney

Ernst & Young has appointed Andrew Christie as senior manager of the firm’s captive insurance practice

Vermont DFR names Sandy Bigglestone as deputy commissioner
06 June 2022
Vermont Reporter Rebecca Delaney

Vermont Governor Phil Scott has named Sandy Bigglestone as deputy commissioner of the captive insurance division at the Vermont Department of Financial Regulation

IRS names foreign captive insurance to 2022 ‘Dirty Dozen’ list
06 June 2022
Washington DC Reporter Rebecca Delaney

The Internal Revenue Service has named foreign captive insurance to its annual ‘Dirty Dozen’ list of potentially abusive tax arrangements

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Issue archive
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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