Will Thomas-Ferrand, international practice leader at Marsh Captive Solutions, will assume leadership of the intermediary’s captive insurance business on 1 January 2025.
Although having a limited direct impact on captives, the recent CrowdStrike incident will likely lead to more companies assessing the possibility of utilising their captives to write cyber risk.
Blue Ocean Re has appointed Nico Kleine Punte to oversee the group’s accounting operations, in addition to hiring Derek Shanahan as senior vice president and account executive, and Nancy Manyange as reinsurance accountant.
The Internal Revenue Service has announced plans to release the text of the 2024-2025 priority guidance, which includes plans to finalise its micro captive regulations.
There is enormous growth potential for captives in Asia, and China in-particular, according to Gloria Chan, senior manager of market development at the Hong Kong Insurance Authority.
Artex Risk Solutions has acquired RIBV Holdings, and its subsidiaries, collectively doing business as Risk International. Terms of the transaction were not disclosed.
Confidence is growing that Abu Dhabi can position itself as a strong domicile choice for existing and prospective captive owners in the region and further afield, with several applications in the pipeline.
John English will be moving on from his role as CEO of Aon Captive & Insurance Management (ACIM) at the end of the year, with the broker now recruiting for a new Global Captives Leader.
Richard visits Abu Dhabi to talk to stakeholders with a vested interest in the captive domicile, including a local captive owner, the regulator and consultants at Aon.
Richard is joined by AXA XL's Owen Williams and Vicky Roberts-Mills to discuss the energy transition, the related insurance challenges and the role for captives to support their parents.