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ProSight reports largest catastrophe quarter in Q3
10 November 2020
New Jersey Reporter Maria Ward-Brennan

ProSight Global, a property and casualty insurance company, has reported that Q3 was the largest catastrophe quarter in the company’s history, according to the latest figures

Aon Reinsurance Solutions recruits Sam Sylvester
09 November 2020
UK Reporter Maria Ward-Brennan

Aon has named Sam Sylvester as a senior property broker in the UK and Ireland and specialty casualty team of reinsurance solutions

Charles Taylor expands into Malaysia with new P&C team
09 November 2020
Malaysia Reporter Maria Ward-Brennan

Bala Subramaniam has been appointed to lead the new property and casualty team in Malaysia

SCOR board of directors appoints Adrien Couret
09 November 2020
France Reporter Maria Ward-Brennan

Adrien Couret’s appointment follows the resignation from Jean-Marc Raby as he stands down to pursue other interests

CIMA reveals that Cayman Islands licensed nine captives in Q3
06 November 2020
Cayman Islands Reporter Maria Ward-Brennan

Nine new captive insurance companies were licensed in the Cayman Islands during Q3, according to the Cayman Islands Monetary Authority

Washington State, North Carolina and Delaware re-elect insurance commissioners
06 November 2020
US Reporter Maria Ward-Brennan

The insurance commissioners from Washington State, North Carolina and Delaware have all won re-election in the 2020 US election

Citadel Risk reveals Q2 2020 financial results
05 November 2020
Bermuda Reporter Maria Ward-Brennan

Citadel Risk has revealed $1.4 million in underwriting profits as part of its Q2 2020 financial results

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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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