Finansinspektionen (the Swedish Financial Supervisory Authority) licenced the latest captive on 22 June.

Richard is joined by and Dawn Hiestand, Chief Underwriting Officer and Head of Captives for Artex North America, and Beth Jacobsen, Executive Vice President of Captive Management in North America.

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.

Kisha Tyrrell will focus on strengthening client relationships and further building WTW’s position in Bermuda’s captive market.