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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

RiverStone closes loss portfolio transfer deal with Zurich
23 December 2024
UK Reporter Diana Bui

The deal covers Zurich’s French discontinued motor and architects & engineers (A&E) professional indemnity portfolios

Aviva to acquire Direct Line in £3.7 billion deal
23 December 2024
UK Reporter Diana Bui

Aviva has reached an agreement to acquire Direct Line Insurance Group in a £3.7 billion (US$4.63 billion) cash-and-stock deal

Reith joins Acrisure as Executive Chairman of its MGA Volante
23 December 2024
UK Reporter Diana Bui

Acrisure has onboarded Martin Reith as executive chairman of its Lloyd’s business with managing general agent (MGA) operations, Volante Global

Bermuda licenses three new captives in November
20 December 2024
Bermuda Reporter Diana Bui

The newly licensed captives are Magna Insurance Bermuda, Structured Risk Mitigation Solutions and Schwarzchild

DARAG completes sale of regional business entities
20 December 2024
UK Reporter Diana Bui

DARAG Group has completed the sale of its North American and Bermuda business entities to the RiverStone Group

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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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John Michael Alexander and Ryan Basnett
South Carolina Department of Insurance

John Michael Alexander and Ryan Basnett from the South Carolina Department of Insurance explain the competitive advantages for small and medium-sized businesses when choosing South Carolina as the domicile to establish their captives

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Fenhua Liu
Connecticut Insurance Department

Connecticut Insurance Department’s Fenhua Liu talks about the upcoming CT Captive Insurance Forum and the plans to accelerate the captive growth in the State

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Waqqas Asghar
RH CPAs

Waqqas Asghar, audit director at RH CPAs, speaks to John Savage about harnessing captives to optimise financial benefits during mergers and acquisitions and initial public offerings

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Jacqueline Quintal
Marsh

Jacqueline Quintal, managing director in Financial Institutions Group at Marsh, sheds light on the use of digital assets in the captive insurance space

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Features
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Mastering risks through captive insurance

Tibor Boettcher, CEO and executive director of Volkswagen Insurance Company, shares with Diana Bui how the captive plays a crucial role in the automotive giant’s risk management strategy

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No fate but what captives make

The rise of AI has been swift, but must captive insurance accept the technology as an inevitability and adapt, or resist?

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Partnerships shaping Connecticut’s captives

Leaders from key organisations share insights on regulatory support, economic impact, and the evolving role of InsurTech in the captive market

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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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