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VCIA: blockchain-based ecosystem will shape digital future of captive industry
12 August 2020
Vermont Reporter Rebecca Delaney

A blockchain-based ecosystem made up of captive managers, reinsurers and captive domicile regulators will shape the digital future of the captive industry, according to a panel at the VCIA’s virtual conference

Casey Neilon promotes Haley Munns
12 August 2020
Nevada Reporter Becky Bellamy

Casey Neilon has promoted Haley Munns from staff accountant to senior accountant

Proxy advisory firms back Aon and Willis Towers Watson merger
11 August 2020
Dublin Reporter Becky Bellamy

Proxy advisory firms Institutional Shareholder Service and Glass Lewis & Co have recommended the shareholders of both Aon and Willis Towers Watson to vote in favour of the proposed combination

Maryland Tax Court dismisses Macy’s captive $24m tax bill
11 August 2020
Maryland Reporter Maria Ward-Brennan

The Maryland Tax Court has ruled that Leadville Insurance Company, the wholly-owned captive insurer of MRH, the parent company of the Macy’s department store franchise, will be exempt from paying a $23.8 million tax bill

Benjamin Whitehouse named president of ICCIE board
11 August 2020
Tennessee Reporter Maria Ward-Brennan

Benjamin Whitehouse, attorney at Butler Snow, will serve as president of the governing board of the International Center for Captive Insurance Education for 2020 to 2021

Third Point Re and Sirius Group set to combine
10 August 2020
Bermuda Reporter Maria Ward-Brennan

Third Point Reinsurance, a speciality reinsurer, and Sirius International Insurance Group, a global multi-line insurer and reinsurer, have entered into a definitive agreement to combine in a cash and stock transaction

R&Q acquires interest in New York-based managing general agent
10 August 2020
Bermuda Reporter Maria Ward-Brennan

Randall & Quilter Investment Holdings has reached an agreement to merge its wholly-owned subsidiary, Sandell Re, with Tradesman Program Managers in return for a 35 percent interest in the combined entity

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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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