Marsh has launched Global Alternative Risk Solutions, a new practice which will encompass its expertise in parametric solutions, alternative risk transfer, captives and complex risk.
Workers’ compensation is one of the most popular lines for captives to insure in the United States, with its predictability and stability allowing captives to build surplus and write more volatile risks.
There was a gap in the Cayman Islands insurance market for Blue Ocean Reinsurance Group, the company’s CEO, Adrian Lynch, has told Captive Intelligence.
The latest captive domicile in the United States, Iowa, has passed Bill 2636, which reduces the tax burden for captives writing premiums above $40m and $60m.
The European Parliament has voted overwhelmingly in favour of proposed amendments to the Solvency II directive that would bring some regulatory relief to captives from 2026.
AM Best has revised the outlooks to stable from negative and affirmed the financial strength rating of A- (excellent) and the long-term issuer credit ratings of “a-” (excellent) of the operating entities of Toronto-based Trisura Group and related entities.
The utilisation of group captives in the United States is expanding as companies look to share risk, according to Mark Benz, head of group captives at AXA XL.
The Cayman Islands Monetary Authority has published its captive figures for the first quarter of 2024, showing growth in the number of pure captives, segregated portfolio companies (SPCs) and group captives.
Richard is joined by Matthew Reddington, at ZMF Law, to discuss the recent RMC Group court victory, and Loren Crannell, who explains why a captive has been such an important business enabler for Juul Labs.
Richard is joined by David Williams, Director of Risk Management & Safety at Boys Town, to discuss the Tennessee-captive formed by the not-for-profit in 2022, and former regulator Michael Corbett.