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Oak Re receives permission to underwrite business at Lloyd’s
26 November 2024
UK Reporter Diana Bui

Global reinsurance company Oak Re has received permission for its Lloyd’s Syndicate 2843 to underwrite business beginning on 1 January 2025

Alliant launches government contractors segment
26 November 2024
US Reporter Diana Bui

The firm has hired Bryan Salek and Angela Kirby as senior vice presidents to lead the new team

Bermuda continues captive growth with 10 new licenses
25 November 2024
Bermuda Reporter Diana Bui

The Bermuda Monetary Authority licensed 10 new captive insurers between January and October 2024, reflecting Bermuda’s continued strength as a leading domicile for captive insurance

AM Best affirms ‘Excellent’ credit ratings of Eni’s captive
22 November 2024
Ireland Reporter Diana Bui

The Ireland-based captive is well-integrated within the Eni group’s risk management framework and maintains its active role in overseeing and containing the group’s insurance costs

Hurley appointed as new examiner in charge for Vermont DFR
22 November 2024
US Reporter Diana Bui

Previously, Nina Hurley worked as a senior account executive at AIG, based in Burlington, Vermont

WSG launches new captive in Guernsey
21 November 2024
Guernsey Reporter Diana Bui

Warranty Solutions Group (WSG) has partnered with Strategic Risk Solutions (SRS) to launch WSG Guardian Insurance, a Guernsey-based captive offering regulated protection products

WTW: 80% of risk leaders fear emerging risk resilience
21 November 2024
UK Reporter Diana Bui

Technology emerges as a dominant concern, with AI, cyberthreats, and technological advancements identified as top risks both today and in the near future

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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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