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BMS Group to acquire Spanish broker Rasher and its subsidiaries
12 December 2024
Spain Reporter Diana Bui

Rasher provides surety, credit, and risk management solutions to corporate clients, with a team of 90 staff members

Jaksic replaces Bailey as CEO of Zurich UK
12 December 2024
UK Reporter Diana Bui

Zurich has appointed Drazen Jaksic as UK CEO to replace Tim Bailey, who will lead the group’s newly established global Life Protection business

AM Best reports surge in European captives
11 December 2024
UK Reporter Diana Bui

European captive domiciles are experiencing a surge in new company formations, according to AM Best's latest analysis

Oklahoma to reduce workers' compensation loss costs for 2025
11 December 2024
US Reporter Diana Bui

The Oklahoma Insurance Department has approved a 9.2 percent decrease in workers' compensation insurance loss costs for 2025, which means lower premiums for many Oklahoma businesses

Alliant acquires Union First, expanding benefits solutions
10 December 2024
US Reporter Diana Bui

Union First will join Alliant’s Employee Benefits Group in the West Region, bringing experiences in benefits consulting, trust administration, and tailored solutions for first responders and public safety professionals

SRS expands Luxembourg’s captive team
10 December 2024
Luxembourg Reporter Diana Bui

Strategic Risk Solutions (SRS) is expanding its Luxembourg office, with the appointment of Alain Sougnez as client services leader and licensed manager reinsurance captives

AM Best affirms credit ratings of Orion Reinsurance
10 December 2024
Bermuda Reporter Diana Bui

AM Best affirms the financial strength rating of ‘B+’ (Good) and the long-term issuer credit rating of ‘bbb-’ (Good) of Orion Reinsurance, class 3 captive insurer based in Bermuda

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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

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Features
Back to the latest news
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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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