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AGCS hires Scott Sayce as global head of cyber
01 June 2021
United Kingdom Reporter Maria Ward-Brennan

Allianz Global Corporate & Specialty has hired Scott Sayce as global head of cyber, effective 1 September 2021

A.M. Best affirms W. R. Berkley Corporation ratings
28 May 2021
Connecticut Reporter Maria Ward-Brennan

A.M. Best has affirmed the long-term issuer credit rating of “a-” of W. R. Berkley Corporation, based in Connecticut as well as all associated long-term issue credit ratings and indicative long-term IRs for securities issued by W. R. Berkley

Pfizer’s captive ratings affirmed as ‘excellent’
28 May 2021
Vermont Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a+” of Blue Whale Re, based in Vermont

European Council appoints Petra Hielkema chair of EIOPA
27 May 2021
Belgium Reporter Maria Ward-Brennan

Petra Hielkema has been appointed by the European Council as chairperson of the European Insurance and Occupational Pensions Authority

Australian business sets up new Labuan captive
26 May 2021
Labuan Reporter Becky Bellamy

RISCS has established a new cell captive in Labuan for an Australian-based client

Ken Lorber joins McGill and Partners
26 May 2021
San Francisco Reporter Becky Bellamy

Based in San Francisco, Ken Lorber will play a lead role in building out the business in the US, structuring bespoke insurance and reinsurance solutions for McGill and Partners’ clients.

The Actuarial Advantage and Financial Risk Analysts merge
25 May 2021
New Jersey Reporter Maria Ward-Brennan

Kyle Mrotek, consulting actuary, TAA, says: “The merger brings together two actuarial firms with similar values and cultures and is a positive development for both employees and clients”

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Latest issue 270
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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Andrew Gray and Matt Newman
Apollo

Apollo’s Andrew Gray and Matt Newman talk to John Savage about the launch of the “first captive syndicate of the modern era” managed by the company at Lloyd’s market

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Jack Foley
AssuredPartners

Jack Foley of AssuredPartners speaks to Diana Bui about his experiences and aspirations to progress in his career in the captive insurance industry

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Patrick Johnston
3F Captive Services

Patrick Johnston, co-founder of 3F Captive Services, explains the benefits of captive insurance in managing risks for agricultural businesses

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Kevin Mead
VCIA

Kevin Mead, president of the VCIA, discusses the association’s 39th conference highlights, and the innovative ways it has adapted to address current industry challenges in an exclusive interview with Diana Bui

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Features
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Bridging the talent gap in captives

Facing a critical talent shortage, Hylant and Butler University have joined forces in a partnership to shape the future of the insurance workforce, promising fresh solutions for an industry in need

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Re-rating the outlook on rates, bonds, and equities

Jack Meskunas, executive director of investments at Oppenheimer, shares his views on how captive insurers can manage their assets and investments effectively

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Navigating captive regulations across US states (Part 2)

Continuing the discussion about captive legislation in US states, in the second of two articles on the topic, Diana Bui speaks to regulators from Missouri, Delaware and Oklahoma about their strategies to stay competitive and adapt to industry changes

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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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