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Chubb promotes Michael Kessler and Jeremiah Konz
13 January 2021
Switzerland Reporter Maria Ward-Brennan

Chubb has appointed Michael Kessler as division president of the company's global cyber risk insurance business and Jeremiah Konz as chief reinsurance officer

AXA XL appoints Pamela Rosado as general counsel
13 January 2021
New York Reporter Maria Ward-Brennan

AXA XL has hired Pamela Rosado as general counsel, effective 8 February

MetLife completes UK longevity reinsurance transactions with Legal & General
13 January 2021
New York Reporter Maria Ward-Brennan

Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, completes four UK longevity reinsurance transactions with Legal & General Assurance Society

Robus hires Justin Upson to lead PCC
13 January 2021
Guernsey Reporter Maria Ward-Brennan

Robus has appointed Justin Upson as a director in the Guernsey office to lead the firm’s protected cell company

ConocoPhillips’ captive ratings affirmed
13 January 2021
Vermont Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” of Sooner Insurance Company, based in Vermont

Willis Towers Watson adds Shanghai to P&C hub
13 January 2021
China Reporter Maria Ward-Brennan

Willis Towers Watson has added Shanghai to its global property and casualty hub, which aims to enhance the company’s global placement model for clients

CICA, VCIA and CIC-DC respond to proposed TRIP rule changes for captives
12 January 2021
Minnesota Reporter Maria Ward-Brennan

CICA, VCIA and the CIC-DC have all submitted a response to a request for public comment regarding the participation of captive insurers in the TRIP established under the TRIA

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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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