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Another knock back for micro captives in latest the US tax court case
12 March 2021
Washington DC Reporter Maria Ward-Brennan

Micro captives have taken another knock back in the latest US tax court ruling involving Caylor Land & Development and the Internal Revenue Service

Claudio Gienal and Alan Rubenstein join Pool Re as board members
12 March 2021
UK Reporter Maria Ward-Brennan

Pool Re has appointed Claudio Gienal, CEO of AXA UK, and Alan Rubenstein, chairman of NHBC, as new board members

Washington State captive bill passes Senate
11 March 2021
Washington Reporter Maria Ward-Brennan

The Washington State Senate has passed a captive bill that would see eligible captive insurers pay a 2 per cent premium tax for insurance directly procured by and provided to its parent or affiliate for Washington risks during the preceding calendar

Africa Specialty Risks hires Peter Way
11 March 2021
UK Reporter Maria Ward-Brennan

Africa Specialty Risks, the Pan-African focused reinsurance group, has hired Peter Way as a pricing actuary, marking the firm’s first actuary hire

Davies expands US specialist claims TPA and adjusting services with latest acquisition
10 March 2021
Texas Reporter Maria Ward-Brennan

Davies has acquired The Littleton Group, a Texas-based provider of insurance claim services

DARAG enters second reinsurance agreement with Protector Forsikring
10 March 2021
Germany Reporter Maria Ward-Brennan

DARAG Group has signed a retrospective quota share reinsurance agreement with Protector Forsikring, a multinational general insurance company listed on the Oslo Stock Exchange

CRC Group partners with PABS for workers’ compensation coverage
10 March 2021
Alabama Reporter Maria Ward-Brennan

CRC Group, a nationwide wholesale distributor of specialty insurance products, has partnered with 5Star Specialty Programs, a CRC Group company, and Pan-American Benefit Solutions, a division of Pan-American Life Insurance Group

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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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