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Guernsey sees decrease in total captive figures for 2020
12 February 2021
Guernsey Reporter Maria Ward-Brennan

The Guernsey Financial Services Commission has revealed it licensed three new captives, four new captive cells, and two special purpose vehicles in 2020, while 18 captives or cells surrendered their licenses

EU suspends investigation into Aon and WTW merger
11 February 2021
Belgium Reporter Maria Ward-Brennan

The European Commission has stopped the clock on its in-depth investigation into Aon and WTW merger after both parties failed to supply the necessary information in time

Marsh promotes Ankur Kacker as UK digital asset leader
11 February 2021
UK Reporter Maria Ward-Brennan

Ankur Kacker has been promoted to UK digital asset leader in the financial and professional practice within Marsh JLT Specialty

Neil Robertson joins Canopius from AXA XL
11 February 2021
UK Reporter Maria Ward-Brennan

Canopius Group, a leading global specialty (re)insurer, has appointed Neil Robertson as deputy group CEO, effective from 4 May

Finance Isle of Man launches campaign to promote captive market
11 February 2021
Isle of Man Reporter Maria Ward-Brennan

Finance Isle of Man has launched a digital marketing campaign to promote its captive insurance offering

Airmic: deteriorating insurance market sees captive interest continue
10 February 2021
UK Reporter Maria Ward-Brennan

Risk professionals’ use of captive insurance solutions continues to increase, as premium rates and the scope of cover and capacity have continued to deteriorate across a number of covers and sectors, according to Airmic’s latest Pulse Survey

Davies opens new captive management facility in Guernsey
10 February 2021
Guernsey Reporter Maria Ward-Brennan

Davies has launched a new captive management facility in Guernsey, following regulatory approval from the Guernsey Financial Services Commission

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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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