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Guernsey ESG accreditation scheme brings business
04 August 2021
Guernsey Reporter Rebecca Delaney

The accreditation scheme for managing ESG opportunities, risk and impact in Guernsey has attracted new insurance businesses to the island, according to Guernsey Finance

Hylant acquires employee benefits agency
03 August 2021
Indiana Reporter Rebecca Delaney

Hylant has acquired Cobalt Benefits to expand its employee benefits services offering

Aon hires experienced director for reinsurance solutions
03 August 2021
Missouri Reporter Rebecca Delaney

Aon has appointed Tasha Barbour as managing director of the managed care team at Aon’s Reinsurance Solutions

AXA XL bolsters insurance firm’s H1 2021 results
02 August 2021
France Reporter Rebecca Delaney

Multinational insurance firm AXA has reported a gross revenue figure of €54 billion for H1 2021, marking a year-on-year increase of 7 per cent, just over half of which was derived from the property and casualty line of its reinsurance subsidiary, AXA

BMS Re hires Bermuda head
02 August 2021
Bermuda Reporter Rebecca Delaney

BMS Re has appointed Adam Mullan as executive director to launch the firm’s operations in Bermuda

Arthur J. Gallagher acquires P&C broker
30 July 2021
Illinois Reporter Rebecca Delaney

Insurance and risk management firm Arthur J. Gallagher has acquired retail property and casualty brokerage R.J. Riordan

AXIS Capital reports overall Q2 decline in reinsurance business
29 July 2021
Bermuda Reporter Rebecca Delaney

AXIS Capital Holdings has reported a 13 per cent year-on-year increase to $1.9 billion in gross written premium for Q2 2021

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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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