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Generali names Selff as Head of Underwriting for Asia
18 November 2024
Hong Kong Reporter Diana Bui

Nicholas Selff has a strong background in the P&C insurance industry, having worked for over 15 years in various positions across the APAC region

AM Best downgrades credit ratings of Evergreen Group’s captive
18 November 2024
Bermuda Reporter Diana Bui

The rating downgrades reflect the captive’s business plan to cease underwriting new business starting from mid-May 2024

Aon launches new Florida Flood model for state insurers
15 November 2024
US Reporter Diana Bui

The new model, developed by Impact Forecasting — Aon’s catastrophe model centre — in collaboration with global flood and climate risk modelling firm Fathom, assesses flood exposures in the state to inform (re)insurers’ rate filings

Hylant adds three executive hires to M&A team
15 November 2024
US Reporter Diana Bui

Hylant appoints Lee Jones and Andrew Karp as managing directors of growth and Sarah Macke as managing director of due diligence.

Chancellor announces consultation on UK captive regime
15 November 2024
UK Reporter Diana Bui

The UK is taking a significant step towards establishing a regulatory regime for captive insurance companies, following an announcement by the Chancellor of the Exchequer Rachel Reeves

Origami Risk onboards Cloutman to support international growth strategy
14 November 2024
US Reporter Diana Bui

With over 30 years of experience in the risk and insurance technology sector, Steve Cloutman joins from Ventiv Technology, where he served as managing director

ACPR publishes guide for captives in France
14 November 2024
France Reporter Diana Bui

The ACPR aims to provide potential captive owners with critical information on the application process, requirements, expected timelines, and best practices for gaining regulatory approval

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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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