Italian oil major Eni S.p.A. has established Eni Energy Italy S.p.A. making it the third captive to be domiciled in Italy, following Enel and Prysmian that were licensed in 2023.
Although Hawaii has not added the same headline number of new captives in recent years compared to some other US domiciles, its existing portfolio continues to increase in sophistication and premium volume.
In this GCP Short, Richard is joined by Nicola Fordham and Dr Leena Johns, of MAXIS GBN, to discuss how data on rising cancer claims can inform programme design, treatment choice and preventative measures.
Jill Miura, partner at KMH LLP, has been recognised by the HCIC’s David Kahaulelio Individual Award of Excellence for 2024, presented at the HCIC Forum in Hawaii, while the Captive Insurance For Public Agencies Limited (CIPA) received the Company Award of Excellence.
The decision by the Internal Revenue Service (IRS) to include micro captive regulation in its 2024-2025 priority guidance shows that the IRS is still planning to “move forward” with its proposed regulations, according to Bailey Roese, partner at Dentons, Bingham Greenebaum.
Geographically situated off the coast of Borneo in Malaysia, Labuan International Business and Financial Centre (Labuan IBFC) has been operating as Asia’s premier international financial hub for almost 35 years.
While the captive market has seen unprecedented numbers of new formations over the past four years, it is important for owners to assess how to position the captive as the market softens.
The member driven model of PCH Mutual provides the captive with an advantage over its competitors, according to the risk retention group’s (RRG) CEO and president, Julie Bordo.
The Cayman Islands Monetary Authority (CIMA) issued five new international insurer licences in the third quarter of 2024, taking its total of new licences for the year to 29.
Will Thomas-Ferrand, international practice leader at Marsh Captive Solutions, will assume leadership of the intermediary’s captive insurance business on 1 January 2025.
In this GCP Short, Richard is joined by Nicola Fordham and Dr Leena Johns, of MAXIS GBN, to discuss how data on rising cancer claims can inform programme design, treatment choice and preventative measures.
Richard visits Abu Dhabi to talk to stakeholders with a vested interest in the captive domicile, including a local captive owner, the regulator and consultants at Aon.