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. 

The announcement was made at the fourth edition of Gateway Gulf, held on 1–2 November 2026 at the Four Seasons Hotel Bahrain Bay, hosted by the Bahrain Economic Development Board (Bahrain EDB). 

EIS is owned Eni S.p.A. (Eni), a multinational energy company based in Italy.

Steven McElhiney said Piko Re will be 100% focused on captives, risk retention groups and related risks.

The captive insurance industry has generated$338,000,000 in corporate income tax revenue since the establishment of the captive programme, according to Steven Baker, president of Micronesia Registration Advisors (MRA).

Carter says the growing mismatch between the long-term nature of some corporate risks and the traditional annual insurance cycle is creating a strong case for multi-year structured risk financing solutions.