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Nelson named as Director of Missouri DCI
16 January 2025
US Reporter Diana Bui

Missouri Governor-elect Mike Kehoe has appointed Angela L. Nelson as director of the Department of Commerce and Insurance (DCI), effective from 1 March

IRS finalises regulations on micro-captive transactions
15 January 2025
US Reporter Diana Bui

The Internal Revenue Service (IRS) has published its regulations on micro-captive listed transactions and transactions of interest

Acrisure Re: LA wildfires escalate reinsurance challenges
15 January 2025
US Reporter Diana Bui

“Given the severity of recent wildfires in Los Angeles, the reinsurance market in California is expected to become even more challenging,” says Ming Li, partner, EVP, and global head of catastrophe modelling at Acrisure Re

CICA announces 2025 top essay contest finalists
15 January 2025
US Reporter Diana Bui

Participants were tasked with exploring how captive insurance can serve as a cost-effective alternative for managing emerging and evolving risks

Vermont records strong growth in captive formations in 2024
14 January 2025
US Reporter Diana Bui

The state licensed 41 new captive insurance companies last year, bringing the total number of licensed captives to 683, of which 654 are active and 29 dormant

Bicknell moves to Revantage as VP of captive insurance
14 January 2025
US Reporter Diana Bui

Previously, Joshua Bicknell was director of captive initiatives at GPW and Associates

Fitch: LA wildfire unlikely to impact P&C insurance ratings
14 January 2025
US Reporter Diana Bui

The ongoing wildfires in the Los Angeles area are expected to generate insured losses surpassing historical highs but are unlikely to affect the ratings of property and casualty (P&C) (re)insurers

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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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