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Martin moves to WTW from South Carolina Department of Insurance
18 February 2025
US Reporter Diana Bui

Previously, Ryan Martin served as a financial analyst in the Captive Insurance division and was later promoted to supervising financial analyst

Oklahoma Insurance Department corrects captive premium tax forms
17 February 2025
US Reporter Diana Bui

The Oklahoma Insurance Department is correcting the 2024 captive insurance premium tax report forms on the NAIC's OPTins portal, with the updated forms expected to be available this week

Sompo restructures into global P&C and wellbeing segments
14 February 2025
Japan Reporter Diana Bui

Sompo Holdings has reorganised its businesses into two global business segments, Sompo P&C (re)insurance and Sompo Wellbeing, effective from 1 April

AM Best assigns ‘Excellent’ ratings to Torreyana Insurance Company
14 February 2025
US Reporter Diana Bui

AM Best has assigned a financial strength rating of ‘A’ (Excellent) and a long-term issuer credit rating of ‘a’ (Excellent) to Torreyana Insurance Company, a Vermont-based captive insurer for Vertex Pharmaceuticals

Bermuda Captive Conference 2025: 'Reimagining Risk' in focus
14 February 2025
Bermuda Reporter Diana Bui

The Bermuda Captive Conference is set to return for its 21st year from 9–11 June at the Hamilton Princess Hotel and Beach Club

Emerging risks and talent retention dominate captive discussions
13 February 2025
US Reporter Diana Bui

The captive insurance industry is facing key challenges and opportunities, from emerging risks to talent retention and the rise of tribal domiciles, said panellists at the 2025 World Captive Forum

MNK Re unveils energy facility for SMEs in Latin America
13 February 2025
UK Reporter Diana Bui

The facility offers up to US$50 million per declaration, catering to businesses that may not meet the minimum premium requirements of the London and Lloyd’s markets

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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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