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Jeff Kenneson launches Kenneson Consulting
02 January 2024
US Reporter Frances Jones

Jeff Kenneson has formed Vermont-based Kenneson Consulting

House Ways and Means Committee sends letter supporting microcaptives to IRS
21 December 2023
US Reporter Frances Jones

The 831(b) Institute benefit recognised committee representatives as supporters of the letter

IMAC elects 2024 executive committee
20 December 2023
Cayman Islands Reporter Sophie Downes

The executive committee will be chaired by Kieran Mehigan, with James Trundle serving as vice chair

Aon to acquire NFP to bolster middle-market segment presence
20 December 2023
US Reporter Frances Jones

Aon has signed a definitive agreement to acquire NFP for US$13.4 billion

AM Best withdraws credit ratings of Relyens
20 December
France Reporter Jack McRae

AM Best has withdrawn the credit ratings of Relyens Mutual Insurance following the company’s request to no longer participate in the rating process

Alera Group acquires Delaware-based CBM
20 December 2023
US Reporter Frances Jones

CBM offers commercial business insurance, personal insurance coverage and individual life and health protection

Utah captive fined by Washington’s insurance commissioner
20 December 2023
US Reporter Frances Jones

The fine was issued to the company for conducting insurance business in Washington state without being registered as a captive insurer between 2014 and 2021

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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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