As climate volatility increases and agricultural risks become more difficult to place in the traditional insurance market, captives could play an important role in helping organisations access parametric protection and finance emerging risks. 

Alberta-domiciled captives are now permitted to assume surety insurance risks if they are underwritten by a licensed traditional insurer.

GUNA Re is owned by Japanese Fortune 500 company, ITOCHU Corporation, which in March began novating policies from its Bermuda-domiciled captive NEWGT Reinsurance Company (NEWGT).

We spotlight new arrivals Paul Phillips and Mikhail Raybsteyn as they build out a global insurance and captive tax practice at Alvarez & Marsal.

Thomas McMahon, EVP of Davies Captive Management Bermuda, has been awarded the 2026 Fred Reiss Lifetime Achievement Award, recognising his contribution to Bermuda's captive insurance industry and his decades of service to the captive community both locally and internationally.

Pinnacle Actuarial Resources, Inc has acquired Bermuda-based Ordinance Holdings Limited and the renewal rights for clients of Canadian firm Grape Bay Actuarial Consulting Inc, effective 30 June.

Lloyds Corporate & Institutional has appointed Daniel Sims as its director and head of captive insurance.

Former Texas Department of Insurance (TDI) captive specialist Robert Rudnai launched captive management firm Captive Compliance to support captives with state regulatory compliance and examination preparation.