France’s dramatic entrance into the captive market has been the standout captive story of 2023 and 2024, and the United Kingdom has a similar opportunity if the government grasps it in 2025.
Gordon Rowell, former head of insurance at the Cayman Islands Monetary Authority (CIMA), and a respected figure in the Cayman Islands insurance industry, has passed away.
More companies are looking at using their captives to write non-traditional risks, according to Judah Dobrinsky, director of risk finance at XN Captive.
AM Best has affirmed the financial strength ratings of ‘A’ (excellent) and the long-term issuer credit ratings of “a” (excellent) of Vermont-domiciled Spirit Insurance Company and Cayman-Islands Radius Insurance Company. The outlook for the ratings is stable.
AM Best has affirmed the financial strength rating of ‘A-‘ (excellent) and the long-term issuer credit rating of “a-” (excellent) of Italy-domiciled Enel Reinsurance - Compagnia di Riassicurazione S.p.A. (Enel Re).
Richard welcomes Anne Marie Towle, CEO of Global Risk & Captive Solutions at Hylant, and Tony Schmidt, President of Pacific Risk Solutions, LLC in Hawaii to discuss the strategic partnership between the two firms and captive developments in Japan.
Richard brings the latest on the UK captive consultation hosting a discussion between Chris Lay, CEO of Marsh McLennan UK, Airmic CEO Julia Graham and Caroline Wagstaff, CEO of the London Market Group.