In this GCP Short, produced in partnership with ⁠MAXIS Global Benefits Network⁠, we explore findings from the network's latest whitepaper on GLP-1s, often known as weight-loss drugs.

The Cayman Islands Monetary Authority (CIMA) has revoked Class B(ii) licence of Progressive Grocers Insurance SPC, Ltd after failing to pay fees, and meet solvency and reporting requirements.

Hong Kong is expected to attract both new captive formations and existing captives currently domiciled overseas as it seeks to strengthen its position as a leading captive hub in Asia, according to Steve Hutchinson, head of corporate risk & broking in Hong Kong & Macau at WTW.  

Africa Finance Corporation (AFC) has established AFC Captive Insurance Company Ltd (AFC Captive), backed by up to USD$30m in equity capital.

SRS Altitude, the managing general underwriter (MGU) specialising in providing alternative risk transfer solutions to corporate clients and captives, has been approved as a Lloyd's Coverholder.

Richard is joined by Mat Robinson, Senior Managing Director and Captive Operations Leader, and Matt Gravelin, Managing Director in Consulting at Brown & Brown, to discuss how organisations can hone their captive strategy and achieve strong internal buy-in from across the group.

Skuld Norway’s Bermuda-domiciled captive, Skuld Mutual Protection and Indemnity Association (Skuld Bermuda), was established nearly five decades ago as a contingency against geopolitical disruption.

As part of the relaunch, I–RE has increased its commercial property primary limit to $20m and its general liability limit to $5m and added a new excess facility for both lines up to required limits.