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Labuan IBFC’s insurance profitability grew almost 50 percent in 2019
28 May 2020
Labuan Reporter Maria Ward-Brennan

The Labuan Financial Services Authority has revealed that its insurance industry showed “modest top-line growth but higher profitability performance” last year, according to its Labuan International Business and Financial Centre market performance

QBE promotes Steve Gransbury and Tara Krauss
27 May 2020
New York Reporter Maria Ward-Brennan

QBE North America has promoted Steve Gransbury to head of specialty insurance, a newly created group of existing QBE businesses, and Tara Krauss to head of accident and health

Nichol & Co set to host webinar promoting The Bahamas
27 May 2020
The Bahamas Reporter Maria Ward-Brennan

Nichol & Co, an actuarial and risk consulting firm, will host a webinar on the captive insurance industry in The Bahamas to promote the industry to local professionals and other service providers on 28 May 2020

FERMA calls on EU to create a resilience framework for catastrophic risks
27 May 2020
Brussels Reporter Maria Ward-Brennan

The Federation of European Risk Management Association has called on the European Commission to create an EU resilience framework for catastrophic risks to address the lack of coverage available for financial losses resulting from non-physical damage

New captive tax premium bill signed into law
26 May 2020
Oklahoma Reporter Maria Ward-Brennan

Oklahoma’s governor Kevin Sitt has signed HB 3864 into law, which sets out how premium taxes by captive insurers should be distributed within the state of Oklahoma

Paul Owens set to join SRS
26 May 2020
Concord Reporter Maria Ward-Brennan

Paul Owens is set to join Strategic Risk Solutions’ board of directors, serving as an independent director as well as a strategic advisor

Investigation launched into Willis and Aon merger
22 May 2020
New York Reporter Maria Ward-Brennan

Bragar Eagel & Squire, a US stockholder rights law firm, has launched an investigation into whether the board members of WTW breached fiduciary duties or violated the federal securities laws in connection with the company’s proposed merger with Aon

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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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