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RISCS establishes UK cell captive in Labuan
23 July 2021
Labuan Reporter Rebecca Delaney

RISCS has established a new cell captive in Labuan for one of its UK-based clients, marking a world-first

Ryan Speciality launches initial public offering
23 July 2021
Chicago Reporter Rebecca Delaney

Ryan Specialty Group has priced its initial public offering, totalling almost 57 million shares, between $22 and $25 per unit

KeyState adds to Vermont office
23 July 2021
Vermont Reporter Rebecca Delaney

KeyState Captive Management has appointed Erin Duffy as assistant controller at the firm’s captive management team, based in Vermont

A.M. Best confident German insurers will cover flood losses
23 July 2021
Germany Reporter Rebecca Delaney

A.M. Best predicts that German insurance carriers are “well-positioned” to absorb weather-related losses following the recent catastrophic flash floods

Liberty Mutual Re hires experienced chief actuary
22 July 2021
Singapore Reporter Rebecca Delaney

Liberty Mutual Re has appointed Hetul Patel as chief actuary of reinsurance, initially be based in Singapore but with a planned relocation to Cologne later in the year

Aon: losses from natural disasters cost $93 billion in H1 2021
22 July 2021
Chicago Reporter Rebecca Delaney

The total economic losses from natural disasters in the first half of 2021 are estimated to be around $93 billion, marking a 32 per cent decrease from the 10-year average, according to a new report by Aon

HUB International launches cannabis benefits captive
22 July 2021
Chicago Reporter Rebecca Delaney

HUB International has launched a new cannabis benefits captive to function as an employee benefits group captive for cannabis organisations

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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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