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Connecticut enacts new captive legislation
17 July 2024
US Reporter Diana Bui

The legislation, which will take effect on 1 October, aims to create a more business-friendly regulatory environment that encourages innovation and growth in the sector

WTW appoints new leadership for Private Equity and Transaction Solutions
17 July 2024
US Reporter Diana Bui

WTW has named Aartie Manansingh as head, and Jorgen Andersson and Peter Galla as deputy heads of Private Equity and Transaction Solutions within Corporate Risk and Broking, North America

Chubb appoints Kelaher to lead Europe, Middle East and North Africa division
17 July 2024
France Reporter Diana Bui

Peter Kelaher currently serves as country president of Australia and New Zealand. In his new role, Kelaher will have executive operating responsibility for 24 countries in the region

AM Best revises outlook to ‘positive’ for A.I.M. Mutual Insurance Companies
17 July 2024
US Reporter Diana Bui

The group's operational performance drives the positive outlook, as strong underwriting results and investment income contribute to continuous surplus growth

Fortitude Re welcomes Hager as Chief Financial Officer
16 July 2024
Bermuda Reporter Diana Bui

Fortitude Re has named Greta Hager as chief financial officer, succeeding Kai Talarek, who will transition to the newly created role of chief growth and optimisation officer

Hannover Re teams up with Schroders Capital on tokenised ILS pilot
16 July 2024
UK Reporter Diana Bui

The initiative enables reinsurance contracts to be tokenised and traded on a public blockchain platform using smart contracts

Wangenheim appointed as Senior Director at MSL Captive Solutions
16 July 2024
US Reporter Diana Bui

In his new role, Erik Wangenheim will lead the company’s sales, marketing and business development efforts

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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
Back to the latest news
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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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