Belgium-headquartered Katoen Natie has added war risks to its captive to cover assets in Moldova, close to the war in Ukraine, and Estonia, near the Russian border, where such risks are excluded from its traditional insurance policies.
Sullivan will work with broker partners, corporate clients, and captive owners to develop tailored risk transfer and risk financing solutions that address their evolving risk management needs.
Texas is among a growing number of captive domiciles in the United States that are more aggressively chasing tax from companies that are headquartered in the state, but have captives domiciled in another jurisdiction.
Richard is joined by Andrew Christie, managing director and captive insurance practice co-leader at EY, and Paul Moles, vice president of tax & risk at Reynolds Consumer Products.
The Isle of Man Financial Services Authority (IOMFSA) is reviewing its proposed capital and solvency framework for captives to ensure it is proportionate and competitive with other domiciles, including the United Kingdom’s planned captive regime.
The announcement was made at the fourth edition of Gateway Gulf, held on 1–2 November 2026 at the Four Seasons Hotel Bahrain Bay, hosted by the Bahrain Economic Development Board (Bahrain EDB).
The captive insurance industry has generated$338,000,000 in corporate income tax revenue since the establishment of the captive programme, according to Steven Baker, president of Micronesia Registration Advisors (MRA).
Richard is joined by Andrew Christie, managing director and captive insurance practice co-leader at EY, and Paul Moles, vice president of tax & risk at Reynolds Consumer Products.
Richard is joined on stage by Shweta Gupta, Head of Non-UK Insurances at BT Group, and Chris Mason, UK and APAC Director of Customer and Distribution Management at ZGEBS.