Luke Harrison
IRS relief for micro-captives failing to file disclosure statements
The Internal Revenue Service (IRS) has filed a notice that provides relief from penalties to participants in micro captive reportable transactions that fail to file certain disclosure statements required by 14 April 2025.
Starr experiencing sizeable captive interest in casualty lines across the tower
Starr Insurance Companies is witnessing a surge of interest from companies looking to utilise their captives to write casualty risks as nuclear verdicts spiral, according to Heather Graziani, AVP for global risk management at the carrier.
Helio Risk appoints Ken Rowe as senior captive risk consultant
Captive management and risk consulting firm Helio Risk has appointed Ken Rowe as senior captive risk consultant.
Georgia Bill expanding captive lines of business sent to Governor
Georgia Governor Brian Kemp has been sent House Bill 348 to sign, which would expand the lines of insurance or reinsurance in which a limited purpose subsidiary and captive may write.
Sandals Resorts sues its own Cayman-domiciled captive
Sandals Resort International 2000 Inc. and 18 of its subsidiaries, including hotel resort operators, have filed a lawsuit in the Cayman Islands Grand Court against its own Cayman Islands-domiciled captive, Landon Insurance Limited.
“Untapped potential” for family offices to utilise captives
There is an unrealised capacity when it comes to family offices utilising captive insurance to enhance risk management strategies and their premium spend amid a more uncertain global landscape.
Cayman licensed five new captives in Q1
The Cayman Islands Monetary Authority (CIMA) licensed five new international insurers between January and March of this year, including two class B(i) and three class B(iii) licences.
XN Captive rebrands to Luzern Risk and receives $12m series A funding
XN Captive has rebranded to Luzern Risk in addition to receiving a $12m series A investment from Caffeinated Capital, that Luzern believes will help accelerate its aim to modernise captives for the “underserved” middle market.
Latest Podcasts
GCP Short: Building a RRG for self-defense legal representation
Richard is joined by Marc Victor and Anne Marie Towle to discuss the Risk Retention Group formed by the Attorneys on Retainer Association.
GCP #121: RIMS president Kristen Peed, L&C’s perspective on Trump’s tariff impacts
Richard is joined by Kristen Peed, RIMS president for 2025, to discuss what to expect at RISKWORLD in Chiago, and there is an investment update from London & Capital.
GCP Short: Beginning the LAUSD captive journey
Richard is joined by Melissa Hollingsworth, Deputy Chief Risk Officer at the Los Angeles Unified School District, who will explain why LAUSD recently formed a pure captive and how they look to expand it in the coming years.