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Chestnut Hill nears launch of captive initiative
06 January 2025
US Reporter Diana Bui

Chestnut Hill Insurance Group is finalising preparations for the launch of its innovative group/agency captive

Guttenberger joins Alliant Insurance Services as Vice President
03 January 2025
US Reporter Diana Bui

Based in Houston, Guttenberger brings expertise in risk management, with a national focus on delivering strategic solutions for businesses across a range of industries

Sentry Insurance closes US$1.7 billion acquisition of The General
03 January 2025
US Reporter Diana Bui

Sentry Insurance has completed its acquisition of The General, a provider of non-standard auto insurance, from American Family Insurance

Peed to lead RIMS in 2025 term
02 January 2025
US Reporter Diana Bui

Kristen Peed is currently head of corporate risk at Sequoia, a human resources technology platform and advisory services company

Guy Carpenter: Excess capacity drives property catastrophe rate cuts
02 January 2025
US Reporter Diana Bui

Property catastrophe renewals on 1 January were oversubscribed as reinsurer appetite exceeded demand, leading to risk-adjusted rate reductions of 5-15 per cent for non-loss-impacted programmes

Clawson named as Global Placement Leader at Marsh Asia
02 January 2025
Singapore Reporter Diana Bui

Based in Singapore, Brent Clawson has been working at Marsh Asia since 2023, previously as insurer consulting group leader

Bigglestone appointed Acting Commissioner of Vermont DFR
24 December 2024
US Reporter Diana Bui

Sandy Bigglestone will become acting commissioner of the Vermont Department of Financial Regulation (DFR) at the start of 2025, following commissioner Kevin Gaffney’s retirement

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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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