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Guernsey applies for NAIC Qualified Jurisdiction status
20 August 2026
Guernsey Reporter Nicole Bennet

The Guernsey Financial Services Commission welcomes the announcement by the National Association of Insurance Commissioners of the Bailiwick’s application for Qualified Jurisdiction status.

Ebanks leaves CIMA for BAF Insurance Company Cayman
20 August 2026
Cayman Islands Reporter Nicole Bennet

Kara Ebanks joins BAF Insurance Company Cayman as general manager, taking up the role in August 2026.

McCall appointed US group captive practice leader at Lockton
20 August 2026
US Reporter Nicole Bennet

Aimee McCall is appointed US group captive practice leader at Lockton.

Caster joins WTW as risk consulting manager
20 August 2026
US Reporter Nicole Bennet

Mitch Caster joins WTW as manager for risk consulting and actuarial consultant, taking up the role in August 2026.

Fortier joins Artex as captive consultant
20 August 2026
US Reporter Nicole Bennet

Brad Fortier joins Artex Risk Solutions as captive consultant, taking up the role in August 2026.

BMA registers six insurers and one intermediary in July
20 August 2026
Bermuda Reporter Nicole Bennet

The Bermuda Monetary Authority (BMA) registered seven entities in July 2026, comprising six insurers and one intermediary.

South Carolina expands captives division as licensing grows
20 August 2026
US Reporter Elliot Hayes

The South Carolina Department of Insurance strengthens its captives division with three appointments, adding Colin Anderson and Ryan Borkowski as financial analysts and Ann Cunniffe as license coordinator.

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Issue archive
Inside this issue

Christine Brown, deputy commissioner of captive insurance at the Vermont Department of Financial Regulation, speaks with John Savage about two-way conversion, funding certified under oath, and why the division now supervises a cell in proportion to the risk it carries rather than its size or label.

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

Giles Hobday, account manager at USA Risk Group, and Matt Baldwin, chief underwriting officer at Swain & Baldwin Insurance, discuss why multi-unit property owners are retaining renters insurance risk themselves, the profitability these programmes can generate, and the rental cell structures easing the route in.

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Interviews
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George Belokas
GPW and Associates

With the IRS's 2025 micro-captive rules now embedded, interest in 831(a) structures is climbing. Elliot Hayes sits down with George Belokas, president of GPW and Associates, on why the new rules strengthen the case for well-designed captives, and what Loper Bright means for IRS enforcement.

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Dr Bernice Buttigieg
Finance Malta

Dr Bernice Buttigieg, chief strategy officer at Finance Malta, takes Mark Dugdale through how two decades of regulatory and operational depth keep the island ahead of newer jurisdictions, and how technology and emerging risk classes will shape the next phase.

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Built by owners, for owners
Eagle Guard

A new Wilmington-based protected cell platform is targeting the gap between commercial insurance and a standalone captive. Nicole Bennett talks to Eagle Guard's Matt Propst and Mike Moran, and GuideFire's Jesse Olsen, about why North Carolina and what mid-market businesses gain from a turnkey structure.

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Kelvin Wu, President
Singapore Captive Insurance Association

With close to 90 captives now domiciled in Singapore, Nicole Bennett speaks with Kelvin Wu, president of the Singapore Captive Insurance Association, ahead of the Asia Pacific Captive Forum on 2 July, about what is driving the city-state's growth as Asia's captive hub.

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Features
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Tax lot harvesting: Enhancing after-tax returns for captive insurance portfolios

As fee compression erodes other sources of efficiency in captive insurance portfolios, Kevin Yousif, CFA, president of Yousif Capital Management, argues that disciplined tax management has become a repeatable and underappreciated source of after-tax value, and that tax lot harvesting deserves a more prominent place in portfolio strategy.

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Vertex: Reimagining the Biotech Captive

From a foundational self-insurance vehicle to a rated capital partner writing parametric coverage and global employee benefits, Vertex Pharmaceuticals’ Vermont-domiciled captive Torreyana is redefining what a biotech captive can achieve. Mark Dugdale reports

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Brilliant bonds, stupid stocks: Which leader do I follow?

Jack Meskunas, managing director of investments at Oppenheimer & Co, examines what the bond market reveals about the true health of companies, and why captive insurance portfolios deserve active management over passive index fund exposure.

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Domicile profiles
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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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Tennessee

Carter Lawrence, commissioner of the Tennessee Department of Commerce and Insurance, sits down with John Savage to talk about the state’s growth as a captive domicile

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Cayman Islands

Kevin Poole, general manager at the Insurance Managers Association of Cayman, sits down with Captive Insurance Times to discuss the domicile’s captive positioning

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