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WTW introduces cyber facility for Hong Kong and Singapore businesses
14 January 2025
Hong Kong, Singapore Reporter Diana Bui

The facility, underwritten by QBE Insurance Group and AXA XL, offers an insurance capacity of up to US$15 million

CIRCA announces new leadership team for 2025
13 January 2025
Cayman Islands Reporter Diana Bui

Greg Mitchell of Aureum Re will serve as chair, with Faramarz Romer of Greenlight Re as vice chair

Arch Insurance EU promoted Smith to CEO
13 January 2025
Ireland Reporter Diana Bui

Duncan Smith will lead the executive management team of Arch and deliver on the company’s growth plans for continental Europe through its expanding network of branch offices.

AM Best affirms ‘Excellent’ credit ratings of Stellar Insurance
10 January 2025
Bermuda Reporter Diana Bui

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) of Stellar Insurance, a single-parent captive of the Saudi Arabian Oil Company

CICA announces former UFC fighter as keynote speaker for 2025 conference
10 January 2025
US Reporter Diana Bui

The Captive Insurance Companies Association (CICA) has revealed that Justin Wren, founder and CEO of Fight For The Forgotten, will deliver the keynote address at its 2025 international conference

GuideFire debuts as captive advisory firm
10 January 2025
US Reporter Diana Bui

Industry veteran Jesse Olsen has launched GuideFire, a captive advisory firm based in Kansas City, Missouri

Swiss Re: Premium growth in US P&C insurance to decelerate in 2025
09 January 2025
US Reporter Diana Bui

The global reinsurer predicts premium growth to reach five per cent in 2025, down from prior expectations, with a further decline to four per cent in 2026

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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
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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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