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Delaware Senate passes amended captive regulation
03 May 2024
US Reporter Diana Bui

The commissioner will be authorised to impose additional conditions on captives related to capital and surplus to ensure the solvency and efficient operations of captives.

Marsh McLennan launches initiative to enhance supply chain risk management
03 May 2024
US Reporter Diana Bui

AI-powered platform Sentrisk with integrated advisory services allows clients to map supply chains and upgrade their operational plans.

Fitch: Bermuda insurer credit profiles supported by regulatory reforms
03 May 2024
Bermuda Reporter Diana Bui

Fitch anticipates that while the majority of insurers will remain in Bermuda, some on the margin may prefer other regulatory regimes with less strict capital standards.

AstraZeneca adopts business resilience policy within captive framework
03 May 2024
UK Reporter Diana Bui

According to the firm, the policy, supported by three of the world’s largest reinsurers, offers cover against supply chain disruption, reputational damage and product withdrawal.

Pfizer captive receives ‘Excellent’ AM Best rating
03 May 2024
US Reporter Diana Bui

As the only captive insurer for Pfizer, Blue Whale provides coverage with ample limits and substantial retentions, augmenting significant reinsurance capacity and supporting its obligations.

Blackwell Captive Solutions promotes virtual healthcare initiative
03 May 2024
US Reporter Diana Bui

CirrusMD’s physician-led care and guidance model connects users to a doctor in “less than 60 seconds, 24/7” in response to “the scarcity of physicians in the US”, as stated by the firm.

Insurance distributor BRP rebrands to The Baldwin Group
02 May 2024
US Reporter Diana Bui

The first phase of the firm’s rebranding efforts includes the launch of the new website www.baldwin.com and other relevant content and marketing assets.

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Latest issue 267
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Matthew Reddington, partner at ZMFF&J Law, sheds light on the first victory of a micro-captive against the IRS in court.

Elsewhere, Henry Brandts-Giesen and Jackson Tu’inukuafe of Dentons explain to family office and family business executives about the Cook Islands captive insurance regime.

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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Interviews
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Ryan Martin
South Carolina Department of Insurance

Ryan Martin, captive supervising financial analyst, South Carolina Department of Insurance speaks with Captive Insurance Times about his journey into the industry

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Ellen Charnley
Marsh

Marsh’s Ellen Charnley speaks to CIT about ReadyCell, the company’s AI-powered risk financing solution

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Tara Miller
Milliman

Milliman’s Tara Miller speaks to Frances Jones about her experiences and influences in the industry

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Alyssa Preidt
Capterra Risk Solutions

Alyssa Preidt of Capterra Risk Solutions speaks to Frances Jones about her experiences and influences in the industry

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Features
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Editor's pick
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Going for gold

Industry experts discuss 2023’s captive market performance, trends and developments and share predictions for the coming year

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Work smarter, not harder

The insurance industry has been considered a ‘laggard’ to financial services in adopting new technologies such as the cloud. However, for generative AI, insurers have been quick to recognise opportunities. But what will this mean for workers and captive markets?

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Breaking the captive glass ceiling

The benefits of diversity in the workplace are widely known, although achieving it is not a ‘quick-fix’ solution. While centuries of systemic gender and racial biases remain deeply entrenched in society, an all-female panel of industry leaders at the World Captive Forum discusses challenges to leadership and diversity strategies for companies

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Domicile profiles
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The Bahamas

Dana Munnings-Gray, acting superintendent of insurance, outlines the benefits of The Bahamas as a captive domicile

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Labuan

Datuk Iskandar Mohd Nuli summarises how Labuan IBFC provides a complete captive-centric ecosystem that caters to the lifecycle of a self-insurance company

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Canada

Strategic Risk Solutions observes further domestic options for Canadian captives, while examining the markets of onshore domiciles, Alberta and British Columbia, and offshore in Barbados

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Missouri

MOCIA’s revitalised board discuss their aims for captive insurance in the region in 2024

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