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Howden launches Resilience Laboratory supported by Microsoft
23 September 2024
UK Reporter Diana Bui

Howden has introduced the Resilience Laboratory, a platform that uses Microsoft technology to help companies assess and manage climate risks

AM Best assigns ‘Excellent’ ratings to Southwest Airlines’ captive
23 September 2024
US Reporter Diana Bui

AM Best has assigned a financial strength rating of ‘A-’ (Excellent) and a long-term issuer credit rating of ‘a-’ (Excellent) to Triple Crown Assurance, a Texas-based captive owned by Southwest Airlines

QBE opens new Leeds office
20 September 2024
UK Reporter Clelia Frondaroli

More than 450 employees will be based on the site to support QBE’s technology, finance and operations capabilities

AM Best affirms credit ratings of Sura Re
20 September 2024
Bermuda Reporter Diana Bui

Sura Re, as a captive reinsurer of Suramericana, has the primary role of participating in property business underwritten by its parents’ affiliates across Latin America

Asian Captive Conference 2024: Foster growth and innovation
20 September 2024
United Kingdom Reporter Diana Bui

The Asian Captive Conference (ACC) 2024, co-hosted by Labuan IBFC and the Labuan International Insurance Association (LIIA), is designed to “foster growth and innovation across the region”

Sir Charles Roxburgh named as next Chair of Lloyd’s
19 September 2024
UK Reporter Diana Bui

Sir Roxburgh brings a wealth of experience gained in both the UK government and the private sector, including supporting several high-profile initiatives at Lloyd’s

Walsh joins AIG as Executive Vice President
19 September 2024
US Reporter Diana Bui

Keith Walsh will join AIG as executive vice president and chief financial officer from Marsh, where he has served as CFO since 2017

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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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