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RMC Group hires Joy Savasta-Lagan
18 December 2020
Florida Reporter Maria Ward-Brennan

Joy Savasta-Lagan has joined RMC Group as a commercial lines account executive

AMICE ‘disappointed’ that EIOPA’s Solvency II opinion shows conservative approach to insurance risk
18 December 2020
Belgium Reporter Maria Ward-Brennan

The Association of Mutual Insurers and Insurance Cooperatives in Europe has revealed that it's disappointed in European Insurance and Occupational Pensions Authority advice to the European Commission on the Solvency II Review

United Towing & Transport joins eMaxx’s captive programme
18 December 2020
Massachusetts Reporter Maria Ward-Brennan

United Towing & Transport, a premier multi-state AAA preferred service provider, has joined eMaxx Assurance Group of Companies’ group captive programme for AAA roadside assistance providers

Itochu Corporation’s captives affirmed
18 December 2020
Bermuda 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 NEWGT Reinsurance Company, based in Bermuda

BPS promotes David Ward as firms youngest partner
17 December 2020
South Carolina Reporter Maria Ward-Brennan

Bauknight Pietras & Stormer has appointed David Ward to its leadership team as a partner, effective 1 January 2021

EIOPA: Solvency II needs a number of adjustments
17 December 2020
Belgium Reporter Maria Ward-Brennan

EIOPA’s opinion on the Solvency II 2020 Review to the EC suggested that although no fundamental changes are needed, a number of adjustments are required to ensure that the regulatory framework continues as a well-functioning risk-based regime

Willis Towers Watson predicts £30bn of pension buy-in and buyouts in 2021
17 December 2020
UK Reporter Maria Ward-Brennan

The bulk annuity market has shown great resilience throughout this year’s turmoil with over £30 billion of buy-ins and buyouts completed, according to Willis Towers Watson

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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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