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The Actuarial Advantage and Financial Risk Analysts merge
25 May 2021
New Jersey Reporter Maria Ward-Brennan

Kyle Mrotek, consulting actuary, TAA, says: “The merger brings together two actuarial firms with similar values and cultures and is a positive development for both employees and clients”

Singapore launches consultation to revise corporate governance guidelines
25 May 2021
Singapore Reporter Maria Ward-Brennan

The guidelines comprise the principles and provision of the Code of Corporate Governance, which apply to all financial institutions within scope, and additional guidelines for locally incorporated financial institutions

R&Q sees record year for legacy insurance
25 May 2021
UK Reporter Maria Ward-Brennan

William Spiegel says: “2020 was a challenging year and the pandemic tested the resilience of our employees and our business model"

Vermont governor Phil Scott signs new captive bill into law
24 May 2021
Vermont Reporter Maria Ward-Brennan

Vermont governor Phil Scott has signed new captive bill legislation into law, which aims to strengthen the state’s captive regulation in a variety of areas

Robert Thomas to head up R&Q’s data strategy and technology
21 May 2021
Bermuda Reporter Maria Ward-Brennan

Randall & Quilter Investment Holdings has appointed Robert Thomas as group head of data strategy and technology

Nissan’s captive receives ‘excellent’ rating from A.M. Best
21 May 2021
Bermuda Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Nissan Global Reinsurance, based in Bermuda

Former insurance commissioner of Ohio joins eMaxx board
21 May 2021
Massachusetts Reporter Maria Ward-Brennan

eMaxx has appointed former lieutenant governor and insurance commissioner Mary Taylor of Ohio to the board of directors

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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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