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PCRIC and WTW renews portfolio of climate and disaster risk insurance
06 November 2024
Pacific Reporter Clelia Frondaroli

These policy designs were developed using support from WTW’s Disaster Risk Finance (DRF) and Alternative Risk Transfer (ART) teams

Paratus gains regulatory approval from GFSC
06 November 2024
Guernsey Reporter Clelia Frondaroli

The regulatory approval from the Guernsey Financial Services Authority is said to expand Paratus’ renewable energy insurance offering

Helio welcomes industry professionals to the team
06 November 2024
US Reporter Clelia Frondaroli

Two industry professionals, Jerry Messick and Jonathan Messick, along with the firm they serve under; Unity Captive Solutions, will provide captive-related services under the Helio Risk brand

AdvantageGo offers new solution to MultiStrat
05 November 2024
US Reporter Clelia Frondaroli

This will be implemented through the company's AdvantageGo Underwriting Workbench, a platform which aims to enhance workflow efficiency through centralised visibility

Dombek and Optimal barred from creating captive companies
05 November 2024
US Reporter Clelia Frondaroli

These injunctions will bar them from promoting any tax plan that involves creating sham management companies and assisting in the creation of captive insurance companies

HDI Global chooses Windirsch as head of international programmes
04 November 2024
UK Reporter Clelia Frondaroli

The appointment comes after Melanie Windirsch's predecessor, Dirk Höring, was promoted to HDI Global executive board in April

AM Best reveals credit ratings for Sustainable Assurance Company
04 November 2024
Vermont Reporter Clelia Frondaroli

SAC’s balance sheet strength assessment is evidenced by its risk-adjusted capitalisation, which is at the strongest level

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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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