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Fleming Re establishes reinsurance facility with BevCap
04 January 2021
Bermuda Reporter Maria Ward-Brennan

Fleming Re insurance, a Bermuda-based class 3A insurance company, has established a custom reinsurance facility with BevCap P&C Protected Cell

R&Q set to acquire Vibe Group
24 December 2020
London Reporter Becky Bellamy

Randall & Quilter II Holdings has signed an agreement to acquire the entire issued share capital of Vibe Services Management, Vibe Corporate Member and Vibe Syndicate Management

Japan’s reinsurance equivalence with EU to end 31 December
23 December 2020
Japan Reporter Becky Bellamy

Japan’s temporary equivalence with respect to reinsurance granted by the European Commission is scheduled to expire on 31 December 2020, in accordance with the Solvency II Directive

BMS hires Manuel Almenara in Latin America
23 December 2020
Florida Reporter Becky Bellamy

Almenara will work closely with Aidan Pope, executive chairman, and Jose Astorqui, CEO of BMS Latin American and Caribbean

Wilton set to acquire Isle of Man captive manager
22 December 2020
London Reporter Becky Bellamy

Wilton, an independent professional services, investments and pensions firm, has agreed to acquire Isle of Man Assurance, IOMA Horizons and Isle of Man Insurance Management, subject to regulatory approvals

International Re partners with admitted insurer Cimarron Insurance
22 December 2020
London Reporter Becky Bellamy

Rolling out over the next 12 months, International Re and Cimarron Insurance will underwrite a range of admitted property and casualty lines of business

DARAG completes acquisition of Arisa Assurances in Luxembourg
22 December 2020
Luxembourg Reporter Becky Bellamy

Legacy acquirer DARAG Group has completed the acquisition of Arisa Assurances, an automobile and travel insurance company previously owned by ADAC Versicherung

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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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