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ILS market worldwide hits record US$107 bn in 2024
24 March 2025
US Reporter Diana Bui

The insurance-linked securities (ILS) market reached a record capacity of US$107 billion by the end of 2024, driven by retained earnings and new capital inflows, according to a recent AM Best report

AM Best assigns ‘B++’ rating to Cadence Indemnity
21 March 2025
US Reporter Diana Bui

AM Best has assigned a financial strength rating of ‘B++’ (Good) and a long-term issuer credit rating of ‘bbb+’ to Cadence Indemnity, single-parent captive of the Sullivan Brothers Family of Companies

WTW: Health and safety risks top D&Os’ concerns
21 March 2025
UK Reporter Diana Bui

Physical workplace risks were identified as the primary concern by 43 per cent of respondents, while employee mental health and wellbeing issues related to work were highlighted by 28 per cent

Allianz names Martiner as Global Head of Alternative Risk Transfer
21 March 2025
Germany Reporter Diana Bui

Lara Martiner succeeds Grant Maxwell, who will depart Allianz at the end of June.? She will continue in her current role as CEO of AGCS subsidiary Allianz Risk Transfer

Chris Jones appointed Chief Executive of International Underwriting Association
20 March 2025
UK Reporter Diana Bui

This decision follows the planned retirement of current IUA's chief executive Dave Matcham, who is stepping down after a 45-year career in the London Market

Marsh Captive Solutions expands actuarial services in Cayman
19 March 2025
Cayman Islands Reporter Diana Bui

Marsh Captive Solutions has added actuarial services to its Cayman captive advisory capabilities, appointing Steve Papciak as principal actuary

ICS and IPS launch CaptiveXS
19 March 2025
US Reporter Diana Bui

Innovative Captive Strategies (ICS) has partnered with Innovative Program Solutions (IPS) to launch CaptiveXS, a specialised excess umbrella insurance programme

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Latest issue 279
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Joe McDonald and Luke Renz from Captives.Insure sit down with John Savage to discuss how human dynamics shape successful captive programmes beyond financial metrics

North Carolina Captive Insurance Companies Division’s Lori Gorman and Joe Rosenberger shed light on how the state’s captive insurance market is evolving through enhanced infrastructure, regulatory expertise, and a growing service provider network.

Elsewhere, Diana Bui speaks with industry experts to test whether AI’s growing momentum in captive insurance lives up to the hype

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Interviews
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Jason Stevenson
ALT/r Consulting

Jason Stevenson, director at ALT/r Consulting, sits down with Karl Loomes to discuss the role of an independent consultancy and how to advise clients interested in captive insurance

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Eric Eckenstahler
Artex Risk Solutions

Eric Eckenstahler, a former professional athlete and insurance agency owner, shares insights into his journey to becoming captive director at Artex Risk Solutions, where he manages four group captives encompassing 250 member insureds

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John Michael Alexander and Ryan Basnett
South Carolina Department of Insurance

John Michael Alexander and Ryan Basnett from the South Carolina Department of Insurance explain the competitive advantages for small and medium-sized businesses when choosing South Carolina as the domicile to establish their captives

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Fenhua Liu
Connecticut Insurance Department

Connecticut Insurance Department’s Fenhua Liu talks about the upcoming CT Captive Insurance Forum and the plans to accelerate the captive growth in the State

Features
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Inspiring the next wave

Diana Hardy and Bailey Roese, co-chairs of CICA’s NEXTGen initiative, share their insights and strategies for attracting more young talent to the captive insurance industry

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Mastering risks through captive insurance

Tibor Boettcher, CEO and executive director of Volkswagen Insurance Company, shares with Diana Bui how the captive plays a crucial role in the automotive giant’s risk management strategy

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No fate but what captives make

The rise of AI has been swift, but must captive insurance accept the technology as an inevitability and adapt, or resist?

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Domicile profiles
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Bermuda

As digital assets gain traction, the Bermuda Monetary Authority has adapted its regulatory framework, creating new opportunities for captive insurers in this evolving space

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The Cook Islands

Experts from the Cook Islands Financial Services Development Authority highlight the jurisdiction’s stability and regulatory maturity as key factors driving its appeal as a captive insurance domicile

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Barbados

Carmel L. Haynes, executive director at Barbados International Business Association, highlights the significance of the upcoming Barbados Risk & Insurance Management 2025 Conference in fostering innovative solutions and global collaboration in the industry

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Europe

Experts from AM Best delve into transformative trends in European captive insurance market, outlined in their latest report ‘New Domiciles Are Changing the Landscape for the European Captive Insurance Segment’

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