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Fitch Ratings affirms Credit Agricole captives
01 October 2020
Frankfurt Reporter Becky Bellamy

The ratings reflect Fitch’s view that CAA and CAR are core captive companies of Credit Agricole, and that its regional banks will provide support to the core captive insurance subsidiaries if needed

American Financial to sell its run-off Lloyd’s-based insurer
30 September 2020
Ohio Reporter Maria Ward-Brennan

American Financial Group has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising the legal entities that own its Lloyd's of London insurer Neon to RiverStone Holdings

ICCIE makes ACI maintenance programme more affordable
30 September 2020
Vermont Reporter Maria Ward-Brennan

The ICCIE has made changes to its ICCIE continuing education subscription programme and the ACI Alumni Network, making the maintenance of the Associate in Captive Insurance designation more convenient and more affordable

CICA reveals student essay contest topics
30 September 2020
Minneapolis Reporter Becky Bellamy

CICA has selected college student housing, classic auto sales and collision centres and State Dental Association as the case study topics for the 2020 to 2021 essay contest for college insurance and risk management students

Vermont names new captive insurance director
29 September 2020
Vermont Reporter Maria Ward-Brennan

Brittany Nevins has been appointed as the new director captive insurance at the Vermont Department of Economic Development

Kent Sullivan steps down as Texas insurance commissioner
29 September 2020
Texas Reporter Maria Ward-Brennan

Kent Sullivan has resigned from his role as insurance commissioner of the Texas Department of Insurance to return to the private sector

Insurance Institute of London names new officers
28 September 2020
London Reporter Maria Ward-Brennan

Christopher Lay, Julian Enoizi and Anthony Baldwin have been named by the Insurance Institute of London as its new officers for 2020 to 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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