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North Carolina's captive sector continues to thrive
27 February 2025
US Reporter Diana Bui

By the end of 2024, the state had licensed or approved over 1,600 risk-bearing captive entities since the General Assembly enacted the Captive Insurance Act in 2013

Howden acquires Major Insurance Services
27 February 2025
Australia Reporter Diana Bui

This acquisition, combined with the client base of Unicorn Risk Solutions — recently rebranded as Howden — strengthens the company’s presence in regional Western Australia

GCIC advocates for passage of new captive bill in Georgia
26 February 2025
Georgia Reporter Diana Bui

The bill calls for advantageous new reinsurance options to be provided to captives and also allows them to have more lines of authority to operate within

Industry experts challenge new IRS 831(b) rule
26 February 2025
US Reporter Diana Bui

CIC Services, a captive insurance manager and strategist, is urging the US Congress to swiftly overturn a new IRS rule that imposes additional restrictions on Section 831(b)

Blackwell Captive Solutions appoints Lydon as Senior Vice President
25 February 2025
US Reporter Diana Bui

In his new role, Lydon will lead nationwide sales efforts and oversee client management, addressing the growing demand for alternative risk management solutions

Quinn named as President of Ryan Specialty Underwriting Managers
25 February 2025
US Reporter Diana Bui

Ryan Specialty Underwriting Managers has promoted Eric Quinn to president, a role previously held by CEO Miles Wuller, who will now focus exclusively on his CEO responsibilities

Price Forbes strengthens US reinsurance segment with senior hire
24 February 2025
US Reporter Diana Bui

Price Forbes Re has appointed Sherman Power to the newly created role of executive vice president, Alternative Risk and Capital Solutions

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Latest issue 278
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Karl Loomes sits down with Jason Stevenson, director at ALT/r Consulting, to discuss the role of an independent consultancy and how to advise clients interested in captives.

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

Elsewhere, Diana Bui talks to Diana Hardy and Bailey Roese, co-chairs of CICA’s NEXTGen initiative, about strategies for attracting more young talent to the captive insurance industry.

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Interviews
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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

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Waqqas Asghar
RH CPAs

Waqqas Asghar, audit director at RH CPAs, speaks to John Savage about harnessing captives to optimise financial benefits during mergers and acquisitions and initial public offerings

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Jacqueline Quintal
Marsh

Jacqueline Quintal, managing director in Financial Institutions Group at Marsh, sheds light on the use of digital assets in the captive insurance space

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Features
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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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Partnerships shaping Connecticut’s captives

Leaders from key organisations share insights on regulatory support, economic impact, and the evolving role of InsurTech in the captive market

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Domicile profiles
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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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Hong Kong

The success of Hong Kong’s current cohort of captives is spurring the jurisdiction’s leaders and regulators into action in a bid to encourage local and Chinese companies to follow suit

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Delaware

Delaware’s rise as a key player in captive space is no accident, with its robust regulatory framework, strategic location, and commitment to responsive service making it a top choice for businesses

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