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ICL Group Pension Plan enters into £3.7bn longevity hedge
18 May 2021
UK Reporter Maria Ward-Brennan

The Trustee of the ICL Group Pension Plan, a Fujitsu pension scheme, has insured longevity risk in respect of £3.7 billion of its liabilities, with Swiss Re providing the reinsurance coverage

SCOR reveals CEO changes
18 May 2021
France Reporter Maria Ward-Brennan

The SCOR board of directors has unanimously selected Laurent Rousseau to become the next CEO following the general meeting on 30 June 2021

CIC Services wins Supreme Court case against IRS
18 May 2021
Washington DC Reporter Maria Ward-Brennan

The US Supreme Court has ruled in favour of the CIC Services in their case against the Internal Revenue Service over Notice 2016-66, in a unanimous decision

Eric Matheny joins BMS Re as CFO
18 May 2021
Illinois Reporter Maria Ward-Brennan

BMS, the independent specialist insurance and reinsurance broker, has appointed Eric Matheny as chief financial officer of BMS Re

A.M. Best affirms Lumen Re ratings
17 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 Lumen Re, based in Bermuda

Luca Tres joins Guy Carpenter’s Milan office
17 May 2021
Italy Reporter Maria Ward-Brennan

Guy Carpenter & Company has appointed Luca Tres as head of strategic risk and capital life solutions, Europe, the Middle East, Africa, effective 1 June

ACIA to host in-person captive conference in August
17 May 2021
Alabama Reporter Maria Ward-Brennan

The Alabama Captive Insurance Association is set to host its 2021 annual conference as an in-person event

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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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