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Artex appoints new Chairman and CEO
11 June 2024
Bermuda Reporter Diana Bui

Artex Risk Solutions has appointed CEO and co-founder Peter Mullen as chairman, effective from 1 Jan 2025, with Zeb Holt succeeding as designated CEO, effective from 1 July.

Guy Carpenter forms Capital & Advisory group
10 June 2024
US Reporter Diana Bui

Guy Carpenter has launched the Capital & Advisory group as part of its Global Capital Solutions and has appointed Alexander Schnieders as global head of the new division.

WTW partners with Guidewire to enhance underwriting and insurance pricing
10 June 2024
US Reporter Diana Bui

The partnership will introduce a ‘Ready for Guidewire’ accelerator, facilitating rapid and repeatable integration between WTW’s Radar analytics software and Guidewire PolicyCenter.

CTCIA hosts first stop of regional tour in Boston
10 June 2024
US Reporter Diana Bui

In the event, held at KPMG headquarters in Boston, guests were provided with an overview of captive insurance, collaboration examples, as well as insights on tax and accounting.

AM Best affirms credit ratings of Berkley Life and Health Insurance
07 June 2024
US Reporter Isabel Gonzalez

AM Best has affirmed the financial strength rating of "A+" (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Berkley Life and Health Insurance, a medical group captive.

Anderson named Director of Policy and Regulation at ABIR
07 June 2024
Bermuda Reporter Diana Bui

In his new position, Collin Anderson will lead Association of Bermuda Insurers and Reinsurers’s public outreach agenda, research international public policy and insurance regulation developments.

Sompo appoints Leone as new Chief Investment Officer
06 June 2024
US Reporter Diana Bui

Based in New York, Thomas Leone will report to Nicolas Burnet, chief financial officer (CFO) at Sompo, and take over from Mark Silverstein, who will retire from the role after more than 18 years with the business.

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Latest issue 273
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Würk CEO Deborah Saneman unveils new captive offerings to help the legal cannabis industry in the US secure employee benefits.

With the UAE’s two financial-free zones stepping up their game, more local and regional businesses may be looking closer to home to meet their captive insurance needs.

Elsewhere, Michael Whitfield, head of UK relationships at Atlas Insurance, talks to John Savage about the rising opportunities for protected cell company in the UK market.

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Interviews
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Nate Reznicek
Captives.Insure

Nate Reznicek, president and principal consultant at Captives.Insure, discusses how the firm's independent approach to captive consulting and underwriting benefits brokers and captive managers

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Jen Lee
QBE North America

With rising demand for organ transplants straining the budgets of self-funded health plans, Jen Lee, vice president at QBE North America, speaks with Diana Bui about how the company’s specialised coverage and stop-loss integration offer a comprehensive solution while ensuring high-quality patient care

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Clint Casabella
Grid151

Clint Casabella, senior vice president for strategy and business development at Grid151, highlights the potential for title reinsurance solutions to address gaps left by traditional title insurers in the captive insurance market

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TJ Strickland
Strickland Hardee

TJ Strickland, managing partner at Strickland Hardee, explains the federal tax implications for captives in the US and how to reduce the risk of IRS scrutiny

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Features
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Expanding footprint in Asia

The Cayman Islands opened its Asia office in Singapore in June this year in an attempt to bolster its offering in the region. Ned Holmes drills into the motivation behind their latest expansion and what it says about the Asian captives market

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Reshaping asset strategies under Solvency II

Diana Bui sits down with industry experts to assess how Solvency II modifications and other regulatory changes affect asset management strategies for captive insurers in Europe

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Insurtech’s well-laid plan

The innovation, creativity and agility of insurtechs make them a perfect fit for captive insurance when the time is right

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Domicile profiles
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Europe

Europe, home to many of the world’s leading financial centres, has yet to fully capitalise on its potential in the captive insurance market. Experts explore strategies to unlock the continent's untapped potential for growth in captive

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Michigan

Michigan’s captive premium volume grew beyond US$3 billion in 2023 as it continued to establish itself in a competitive US market. Ned Holmes investigates how the domicile has made up for lost time

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The Cayman Islands

The Cayman Islands is emerging as a leading hub for insurance-linked securities and collateralised reinsurance, attracting diverse industry players with innovative licensing and rapid regulatory processes

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The Bahamas

Dana Munnings-Gray, acting superintendent of insurance at the Insurance Commission of The Bahamas, outlines how to harness captive insurance to enhance wealth management and risk mitigation

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