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MAXIS GBN adds new captive tool to its OneClient portal
17 November 2020
UK Reporter Maria Ward-Brennan

MAXIS GBN adds a captive dashboard into its OneClient portal, which will provide the latest quarterly data and enable more in-depth insight into the captive programme performance

Captives set to benefit from revisions to Insurance Oversight Act in Switzerland
17 November 2020
Switzerland Reporter Maria Ward-Brennan

Diana Lafita of Loyens & Loeff revealed that captive insurance companies active in Switzerland are set to benefit from the partial revision of the Insurance Oversight Act

Fitch: US P&C insurers continue to face COVID-19 challenges
16 November 2020
US Reporter Maria Ward-Brennan

US property and casualty insurers will continue to face new operational and risk management challenges from the COVID-19 pandemic-related insurance losses and premium volume declines in 2021, according to Fitch Ratings

A.M. Best affirms Schlumberger’s Bermuda-based captives
13 November 2020
Bermuda Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit ratings of “a+” of Castle Harbour Insurance and Harrington Sound Insurance

Labuan reports a strong H1 with seven new captives
13 November 2020
Labuan Reporter Maria Ward-Brennan

The Labuan International Business and Financial Centre has seen more than 50 percent increase in licensing application approvals for H1 2020, resulting in more than 800 licensed entities currently operating in the domicile

Evergreen’s ‘excellent’ captive ratings affirmed
13 November 2020
Bermuda Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a” of Evergreen Insurance Company Limited, based in Bermuda

Adrian Lynch set to join Artex from Aon
13 November 2020
Illinois Reporter Maria Ward-Brennan

Artex Risk Solutions has appointed Adrian Lynch as executive vice-president North America, effective March 2021

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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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