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Fleming Re acquires Sinclair
12 October 2020
Bermuda Reporter Maddie Saghir

Fleming Re Holdings, a Bermuda-based class 3A insurance company, has acquired Sinclair Insurance Company, a Bermuda domiciled captive insurance company, subject to regulatory approval

Airmic's CEO steps down
12 October 2020
London Reporter Maria Ward-Brennan

John Ludlow is set to step down as CEO of Airmic, the association that represents UK risk and insurance professionals

BMS expands legacy team with the appointment of Mory Katz
12 October 2020
Arizona Reporter Maddie Saghir

BMS Group, the independent specialist (re)insurance broker, has appointed Mory Katz as a senior consultant

Reserve files reply brief with Tenth Circuit Court of Appeals
08 October 2020
Houston Reporter Becky Bellamy

The appeal challenges the US tax court’s rulings in the Reserve Mechanical captive insurance case

Cayman Islands removed from EU’s blacklist
07 October 2020
Cayman Islands Reporter Maria Ward-Brennan

The Cayman Islands have been “completely delisted” from the EU list of non-cooperative jurisdictions for tax purposes due to “having delivered on their pending commitments"

Courtney Boles joins RMC Group captive division
07 October 2020
Florida Reporter Maria Ward-Brennan

Courtney Boles has joined RMC Group as a captive risk consultant. Boles is responsible for building relationships and soliciting new business for the captive division

ARX Insurance joins MAXIS Global Benefits Network
06 October 2020
London Reporter Maria Ward-Brennan

Ukraine based ARX Insurance has become the latest insurer to join the MAXIS Global Benefits Network

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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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