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AM Best revises outlook to “negative” for Philippine non-life insurance market
25 July 2023
Philippines Reporter Frances Jones

AM Best has revised its outlook on the Philippine non-life insurance market segment to “negative” from “stable”

Marsh appoints Pat Donnelly as president Marsh Specialty and Global Placement
25 July 2023
Global Reporter Frances Jones

Marsh has appointed Pat Donnelly (pictured) as president of Marsh Specialty and Global Placement

Jon Schriber named president of Arch Re
24 July 2023
US Reporter Frances Jones

Jon Schriber has been named president of Arch Reinsurance (Arch Re), effective from 1 August

AM Best affirms ‘Superior’ rating of AGRO
24 July 2023
Bermuda Reporter Frances Jones

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the long-term issuer credit rating of “aa” (Superior) of Assured Guaranty Re Overseas (AGRO)

Canopius expands cyber division adding Gayle
24 July 2023
UK Reporter Frances Jones

He will report to Michael Shen (pictured), head of cyber and technology in London

BMS Re acquires Brazilian reinsurer KNW
21 July 2023
Brazil Reporter Frances Jones

BMS Re has acquired Sao Paulo-headquartered reinsurance broker KNW Brokers Corretora de Resseguros (KNW)

DARAG completes two North American captive transactions
21 July 2023
US Reporter Frances Jones

Legacy acquirer DARAG Group has concluded two transactions with undisclosed North American captive insurance companies

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Latest issue 269
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Apollo’s Andrew Gray and Matt Newman talk to John Savage about the launch of the “first captive syndicate of the modern era” managed by the company at Lloyd’s market.

Elsewhere, Diana Bui speaks to regulators from Missouri, Delaware and Oklahoma about their strategies to stay competitive and adapt to industry changes.

Exit solutions are a natural and necessary part of the captive life cycle, but they are not getting the air time. Experts discuss why and how captive dissolution can be beneficial to the parent company.

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Interviews
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Zlata Cavka
Advantage Insurance Management

Zlata Cavka, an account administrator working with captive companies in Vermont, speaks with Diana Bui about captive management and emerging opportunities in the industry

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Timothy Marlin
Marsh

Timothy Marlin, senior vice president in Cyber Practice for US and Canada at Marsh, talks about the structure and operating model of Edgware Re group captive

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Jeb Dunkelberger
ClearPoint Health

Jeb Dunkelberger, founder and CEO of ClearPoint Health, talks about the company’s new initiative focusing on the ‘full spectrum’ of alternative risk solutions for health insurance

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Dr Dirk Höring
HDI Global

Dr Dirk Höring, member of HDI Global’s executive board for property, engineering and marine insurance, and risk consulting, explains about the new climate risk reporting (CRR) service and its benefits for captives

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Features
Back to the latest news
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Navigating captive regulations across US states

In the first of two articles on captive legislation in US states, Diana Bui talks to regulators from Vermont, Utah and North Carolina about their strategies to stay competitive and adapt to industry changes

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Upskilling in the captive industry

J.J. DeBrosse, Tom Faulconer and William Gulley from Butler University’s Lacy School of Business, talk about different programmes for professionals working in risk and insurance industry

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Investment income and payment efficiencies

Andy Roderique, assistant vice president at IPFSDirect, and Greg Cobb, director of Insurance Solutions at Sage Advisory Services, discuss how effective investment and payment strategies contribute to captive growth

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Domicile profiles
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Asia Pacific

Henry Brandts-Giesen and Jackson Tu’inukuafe of Dentons talk about key domiciles for captive insurance in Asia Pacific

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South Carolina

As South Carolina continues to grow as a captive domicile, the benefits of its stable captive regime have come to bear. Challenges persist in the industry as a whole, however, continued growth will require reflection on how best to handle them

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North Carolina

Ten years after the inception of its captive insurance law, North Carolina is flourishing, having hit a significant milestone in licences, and having become the third largest domicile in the US. Ned Holmes examines what the Old North State is doing right

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Alberta

Patrick Ferguson, senior vice president at Marsh Captive Solutions, dissects the key factors that make the Canadian province Alberta a viable option for market participants, and considers how the domicile needs to develop to invite further offshore and onshore participation

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