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Guy Carpenter appoints Pietro Toffanello as head of Japan
08 December 2020
Tokyo Reporter Maria Ward-Brennan

Pietro Toffanello has been appointed head of Japan in Q1 2021 for Guy Carpenter

CIC Services reports spike in tech companies supplementing commercial insurance with captive insurance
07 December 2020
Tennessee Reporter Maria Ward-Brennan

CIC Services has seen an increasing number of technology companies replacing or supplementing commercial insurance with captive insurance, according to Randy Sadler, principal at CIC Services

Accredited Specialty Insurance Company ratings confirmed
07 December 2020
Arizona Reporter Maria Ward-Brennan

A.M. Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating (ICR) of “a-” to Accredited Specialty Insurance Company (ASI), based in Arizona

GFSC introduces scheme for pre-authorisation for insurance cells
07 December 2020
Guernsey Reporter Maria Ward-Brennan

The Guernsey Financial Services Commission (GFSC) has introduced a pilot scheme for pre-authorisation for insurance cells

A.M. Best affirms ratings of Brazillian reinsurer
07 December 2020
Brazil Reporter Maria Ward-Brennan

A.M Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” of BTG Pactual Resseguradora (BTG Re), which is based in Brazil

R&Q agrees $108m issuance of subordinated notes
04 December 2020
Bermuda Reporter Maria Ward-Brennan

Randall & Quilter Investment Holdings (R&Q) has signed an agreement to issue 13-year unsecured subordinated Tier 2 notes for $107.75 million

Marsh expands presence to Nebraska and Iowa with INSPRO acquisition
04 December 2020
New York Reporter Maria Ward-Brennan

Marsh & McLennan Agency has acquired INSPRO, a full service, independent agency, based in Nebraska

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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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