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International Re partners with admitted insurer Cimarron Insurance
22 December 2020
London Reporter Becky Bellamy

Rolling out over the next 12 months, International Re and Cimarron Insurance will underwrite a range of admitted property and casualty lines of business

DARAG completes acquisition of Arisa Assurances in Luxembourg
22 December 2020
Luxembourg Reporter Becky Bellamy

Legacy acquirer DARAG Group has completed the acquisition of Arisa Assurances, an automobile and travel insurance company previously owned by ADAC Versicherung

European Commission launches ‘in-depth investigation’ over Aon and WTW merger
22 December 2020
Brussels Reporter Becky Bellamy

The European Commission has opened an in-depth investigation to assess the proposed acquisition on Willis Towers Watson by Aon over concerns that the proposed transaction could significantly reduce competition in those markets

WTW teams up with Polecat Intelligence on emerging risks
21 December 2020
London Reporter Becky Bellamy

Willis Towers Watson has partnered with Polecat Intelligence, social business intelligence and data analytics company, to develop insurance solutions that enable organisations to respond to emerging risks

AXA XL appoints Alex Barker
21 December 2020
Canada Reporter Becky Bellamy

Alex Barker has been appointed to lead AXA Xl’s aviation insurance business in Canada

AXA’s reinsurance captive ratings affirmed as ‘superior’
21 December 2020
Amsterdam Reporter Becky Bellamy

A.M. Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” of AXA Global Re

Management Services International expands team
21 December 2020
North Carolina Reporter Becky Bellamy

MSI has made two promotions and expanded its existing team with two new hires

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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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