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Aon: COVID-19 taught corporations to take an enterprise-wide approach
03 February 2021
UK Reporter Maria Ward-Brennan

It will be imperative for businesses to reprioritise risk as well as innovate and explore new risk management strategies due to COVID-19, according to an Aon global survey

Antares places Lloyd’s China operation into run-off
03 February 2021
Qatar Reporter Maria Ward-Brennan

Antares Managing Agency, the Lloyd’s specialist insurance and reinsurance subsidiary of QIC Global, has placed Syndicate 1274’s Lloyd’s China operation into run-off

Delaware licenses 70 captives in 2020
02 February 2021
Delaware Reporter Maria Ward-Brennan

The Delaware Department of Insurance has revealed that the state licensed 70 new captives in 2020, including 67 conditional licenses

Nevada’s new captive association starts work in a bid to promote industry
01 February 2021
Nevada Reporter Maria Ward-Brennan

Nevada’s new captive association, the Nevada Captive Insurance Council, has started work on 2021 activities in a bid to promote, protect, and enhance the state as a premier US captive domicile

Increase in manufacturing companies pursuing captives, says CIC Services
01 February 2021
Tennessee Reporter Maria Ward-Brennan

There has been an increase in manufacturing companies pursuing captive insurance as a solution to the insurance conundrum, according to Randy Sadler, a principal with CIC Services

State Street’s captive ratings affirmed
01 February 2021
Vermont Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of Federated Underwriting Company (Federated), based in Colchester, Vermont

North Carolina licenses 47 captives in 2020
01 February 2021
North Carolina Reporter Maria Ward-Brennan

North Carolina licensed 47 captive insurance companies and approved 126 cells and series in 2020, according to the North Carolina Insurance Commissioner Mike Causey

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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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