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DARAG to sell non-legacy Italian business to NOBIS
16 October 2020
Italy Reporter Maria Ward-Brennan

DARAG Group has reached an agreement with NOBIS Compagnia di Assicurazioni for the sale of the going concern business from DARAG Italia S.p.A, subject to regulatory approval

Construction industry show increased interest in captives
16 October 2020
Tennessee Reporter Maria Ward-Brennan

An increasing number of construction companies have explored the option of a captive insurance company during the COVID-19 pandemic, according to CIC Services, a captive consulting firm

Judge dismisses court case against captive accused of violating ERISA
16 October 2020
New York Reporter Maria Ward-Brennan

A US Judge has dismissed a court case involving the captive insurance company of Preferred Home Care of New York and Edison Home Health Care, where it was accused of violating ERISA

TCDI promotes Jonathan Habart to new captive role
15 October 2020
Tennessee Reporter Maria Ward-Brennan

Jonathan Habart has been promoted to captive insurance section assistant director at the Tennessee Department of Commerce and Insurance

R&Q reports positive H1 figures for its legacy insurance business
14 October 2020
Bermuda Reporter Maria Ward-Brennan

Randall & Quilter Investment Holdings has revealed an increase of 81 percent in acquired net reserves for H1 2020, following the completion of a record nine transactions

Compre makes new hire and completes first US transaction
14 October 2020
Bermuda Reporter Maria Ward-Brennan

Specialist legacy acquirer Compre has appointed Anson Aguiar as chief underwriting officer of Pallas Reinsurance Company, Compre’s recently-launched class 3A Bermudian reinsurer

Aon and Goldman Sachs team up on captive insurer service
13 October 2020
Ireland Reporter Maria Ward-Brennan

Aon has partnered with Goldman Sachs to establish a new investment service that seeks to make it easier for captive insurers to identify and access investments

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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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