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Tennessee workers’ compensation rates decline for 12th consecutive year
24 January 2025
US Reporter Diana Bui

Most businesses will benefit from lower workers’ compensation insurance premiums in Tennessee, starting 1 March, according to the Tennessee Department of Commerce and Insurance

WTW unveils new investment management insurance offering in US
24 January 2025
US Reporter Diana Bui

Willis, part of WTW, has launched its Investment Management Insurance (IMI) Plus product for US clients

Aon launches life and health reinsurance practice in India
24 January 2025
India Reporter Diana Bui

Aon has appointed Renuka Nar as head of broking and Neha Shah as chief actuary of the new unit

SRG collaborates with Ecclesia Group
23 January 2025
Europe Reporter Clelia Frondaroli

The acquisition will see SRG expand into mainland Europe following their launch in Asia Pacific in 2024

Fitch: LA wildfires may cost 30% of European reinsurers' 2025 budgets
23 January 2025
UK Reporter Diana Bui

The recent wildfires in Los Angeles could use up more than 30 per cent of the natural catastrophe budgets set by Europe’s largest reinsurers for 2025, according to Fitch Ratings

DIFC and Lloyd’s partner to develop insurance talent in Middle East
22 January 2025
UAE Reporter Diana Bui

The Dubai International Financial Centre Academy and Lloyd’s Academy have signed a MoU to collaborate on talent development in the (re)insurance sectors in the region

Gallagher Re: Natural catastrophe insured losses reach US$154bn in 2024
22 January 2025
US Reporter Diana Bui

Hurricanes Milton and Helene were the costliest events for insurers in 2024, each causing US$20 billion in insured losses

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Latest issue 278
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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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
Back to the latest news
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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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