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WTW makes executive appointments in Corporate Risk and Broking segment
09 January 2025
Europe Reporter Diana Bui

WTW has appointed Hugo Wegbrans as head of Corporate Risk and Broking Europe and Simon Delchar as global head of placement

Lloyd’s CEO Neal to depart for Aon
08 January 2025
UK Reporter Diana Bui

Lloyd’s CEO John Neal will be leaving in 2025 and will be joining Aon as global CEO of reinsurance and global chairman of climate solutions

Global captive numbers soar to 8,000 in 2024
08 January 2025
US Reporter Diana Bui

The total number of captives worldwide reached an estimated 8,000 in 2024, collectively writing approximately US$50 billion in premiums, according to Captives.Insure

World Insurance hires former Aon executive Miller as EVP
08 January 2025
US Reporter Diana Bui

Bringing nearly 20 years of experience in the insurance industry, Adam Miller joins from Aon, where he was a managing director and senior account executive

Ryan Specialty enters US$525m Velocity Risk acquisition
07 January 2025
US Reporter Diana Bui

The deal, expected to close in early 2025, aims to expand Ryan Specialty's property catastrophe portfolio

Aon partners with Moody’s to enhance credit risk management
07 January 2025
UK Reporter Diana Bui

The collaboration combines Aon’s industry expertise with Moody’s digital tools to deliver improved outcomes in insurance broking and risk management

Augment Risk appoints Solorzano as Associate Partner for LATAM Parametric
07 January 2025
US, Latin America Reporter Diana Bui

Alejandro Solorzano brings over 19 years of experience in reinsurance and parametric insurance with expertise in product development, distribution, marketing, data and analytics

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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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