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Scott Benefit Services expands senior living practice
26 October 2020
Virginia Reporter Maria Ward-Brennan

Scott Benefit Services, a division of Scott Insurance, has expanded its senior living practice into additional markets in the Southeast region, including North Carolina, South Carolina and Tennessee

Guernsey regulator gives deVere Group green light for captive licence
26 October 2020
Guernsey Reporter Maria Ward-Brennan

deVere Group has received approval from the Guernsey Financial Services Commission for the licence of its captive insurance company, White Knight

Insurance Ireland replies to the EC’s consultation on Solvency II
23 October 2020
Ireland Reporter Maria Ward-Brennan

Insurance Ireland, a representative body for insurance companies in Ireland, has published a reply to the European Commission consultation on the review of the Solvency II

UK Government calls for evidence for Solvency II review
23 October 2020
London Reporter Maria Ward-Brennan

The UK Government has started the first stage of reviewing the Solvency II regulation by calling upon the UK insurance industry for evidence

IRS reveals new stricter second settlement offer for micro captives
23 October 2020
Washington Reporter Becky Bellamy

The new time-limited settlement offers will be sent out by the IRS in the coming days with terms that are “stricter” than the first time-limited initiative that started in September last year

VCIA appoints Stephanie Mapes as new board chair
22 October 2020
Vermont Reporter Maria Ward-Brennan

The Vermont Captive Insurance Association has appointed Stephanie Mapes, director of Paul Frank + Collins, a Vermont based law firm, as the new board chair

Peak Re recruits Clarence Wong
21 October 2020
Hong Kong Reporter Maria Ward-Brennan

Peak Reinsurance Company, a global reinsurer based in Hong Kong, has appointed Clarence Wong as chief economist, effective from 16 November

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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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