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Johnson Lambert names Autry insurance industry leader in partner restructure
03 November 2026
US Reporter Elliot Hayes

Johnson Lambert, a public accounting and advisory firm working with organisations in the insurance, nonprofit and employee benefit plan markets, appoints five partners to new industry and practice leadership roles, effective 1 January 2027.

Massimore joins Alvarez & Marsal as director
02 November 2026
US Reporter Nicole Bennet

Former EY tax manager Marissa E. Massimore joins Alvarez & Marsal as a director in New York.

AM Best affirms ratings of Eni’s Italian captive
02 November 2026
Italy Reporter Nicole Bennet

AM Best affirms the ‘A’ (Excellent) rating of Eni Insurance S.p.A., the Italian captive of energy group Eni, as its five-year combined ratio improves to 40.4 per cent.

WTW promotes Tyrrell to head Bermuda captive and insurance management business
02 November 2026
US Reporter Nicole Bennet

WTW promotes Kisha Tyrrell, previously its head of underwriting and claims in Bermuda, to lead its Bermuda captive and insurance management business.

Debias joins Artex as program manager
02 November 2026
US Reporter Nicole Bennet

Lindsey Debias joins Artex Risk Solutions as a program manager, working from Artex’s Rolling Meadows, Illinois office on a hybrid basis.

AM Best assigns ratings to Turks and Caicos captive Balboa Re
02 November 2026
Turks and Caicos Islands Reporter Nicole Bennet

AM Best assigns ‘B++’ (Good) and ‘bbb+’ (Good) ratings, with a ‘stable’ outlook, to Balboa Re, a Turks and Caicos captive reinsuring Banistmo programmes.

Mooth joins Strategic Risk Solutions as senior account manager
02 November 2026
US Reporter Elliot Hayes

Merredith Mooth, a former captive insurance financial analyst at the Tennessee Department of Commerce and Insurance, joins Strategic Risk Solutions as a senior account manager.

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Latest issue 295
Issue archive
Inside this issue

Paul Lewis, health and benefits, multinational, and Donna Weber, global pooling and cell facilities leader, at Marsh explain what the new cell-based Nexus solution reveals about a market now treating employee benefits as a risk to finance, and what organisations should weigh before taking benefits into a captive for the first time.

Stuart King, founder and chief executive officer of Babel Cover, tells Nicole Bennett how the discipline behind a captive can be rebuilt for individual consumers, starting with the British Motorcycle Insurance Community Collective and a Capital Interface that brings short-duration, capped, fully at-risk capital to the high street.

Jack Meskunas, financial adviser and managing director, investments at Oppenheimer & Co., explains why captive portfolios should be managed on fundamentals rather than headlines, why an average annual market pullback of around 14 per cent is nothing unusual, and how news-driven volatility is moving stock and bond valuations.

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Interviews
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Robert Walling
Pinnacle Actuarial Resources

As Pinnacle Actuarial Resources opens a Canadian subsidiary and expands its presence in Bermuda, Robert Walling, principal and consulting actuary at the firm, sits down with Elliot Hayes to discuss Alberta’s rise, Bermudian innovation and why the firm intends to skate where the puck is going.

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Christopher Reilly
North American Risk Services

Christopher Reilly, chief growth officer at North American Risk Services, speaks with Elliot Hayes about the third-party administrator’s evolving role as guardian of a captive’s capital, from reserve accuracy to litigation discipline.

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Luke Renz
Captives.Insure

As the commercial market softens but casualty lines stay hard, the conditions that sell captives can draw in owners forming them for the wrong reasons. Luke Renz of Captives.Insure speaks with Elliot Hayes about telling a captive that should exist from one built simply to escape a bad renewal.

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Michelle Bradley and Enoch Starnes
SIGMA Actuarial Consulting Group

Elliot Hayes sits down with Michelle Bradley and Enoch Starnes of SIGMA Actuarial Consulting Group on how to price and reserve for emerging risks like cyber and AI, which are moving into captives before a credible loss history exists.

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Features
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North Carolina bans third-party litigation investment: a win for insurers and captives

Michael Carey, senior audit manager at RH CPAs, on what House Bill 315 means for insurers and the captives carrying long-tail risk, as North Carolina becomes the first US state to ban third-party litigation investment.

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Renters insurance captives: A growing opportunity for multi-unit property owners

As multi-unit property owners increasingly retain renters insurance risk themselves, Giles Hobday of USA Risk Group and Matt Baldwin of Swain & Baldwin Insurance discuss the growing interest in renters captives and the profitability these programmes can generate.

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Structuring beyond the captive: The strategic use of Labuan PCCs

The captive conversation has moved on from whether to form one to how best to structure it. Dr Wong Wan Zhen, Executive Director cum Principal Officer at BBS Trust International Limited, makes the case for Labuan’s protected cell company framework as the logical next step in captive design.

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Domicile profiles
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Vermont

Christine Brown, deputy commissioner of captive insurance at the Vermont Department of Financial Regulation, speaks with John Savage about where a cell ends and a captive begins, as Vermont's cell regime increasingly mirrors the standard for standalone captives.

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Vermont

Christine Brown, deputy commissioner of captive insurance at the Vermont Department of Financial Regulation, speaks with John Savage about where a cell ends and a captive begins, as Vermont's cell regime increasingly mirrors the standard for standalone captives.

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Malta

Two decades on from pioneering its protected cell regime, Malta is repositioning itself as a substance-rich bridge between the UK and the EU. Ian-Edward Stafrace of Atlas Insurance PCC and Karl De Giovanni of SRS Europe weigh in on a more sophisticated owner base, the rise of affinity and embedded insurance, and the operational squeeze of growing complexity.

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Hawaii

Paul Shimomoto, president and director, Hawaii Captive Insurance Council, looks at why the domicile is the perfect home for captive insurers

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