Monday, November 25, 2024

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Luke Harrison

DoL considering Meta captive’s ERISA exemption

Meta Platforms Inc, the parent company of Facebook and WhatsApp, is awaiting a decision from the Department of Labor to authorise an Employee Retirement Income Security Act (ERISA) exemption to allow its captive to reinsure certain US employee benefits.

UK construction consortium launches guidebook for commercial timber buildings

A collaboration between property developers, insurers, and technical experts has led to the launch of the UK’s first Commercial Timber Guidebook.

Exolum captive ‘crucial’ to counter expected reduction in capacity

Exolum’s Luxembourg-domiciled captive was primarily established to address a future lack of capacity in the commercial market, Mario Ramirez, risk & assets manager at Exolum, told Captive Intelligence.

CBI checklist hoped to streamline Irish captive application process

The new checklist for ‘Completing and Submitting (Re)Insurance Authorisation Applications’together with the‘Updated Guidance on Completing and Submitting (Re)Insurance Authorisation Applications’issued by the Central Bank Ireland (CBI) are both likely to speed up the process for licensing new captives in Ireland.

Spanish interest in captives growing, as more companies look to form

There are currently around five Spanish companies exploring the possibility of forming captives, Anna-Marie Jarvis, head of commercial insurance Spain at Zurich, told Captive Intelligence.

France continues new captive spree with Petzl formation

French equipment manufacturer, Petzl has formed the country’s latest reinsurance captive, PETZL RE S.A.

Baron Philippe de Rothschild forms latest French captive

French winemaker Baron Philippe de Rothschild has formed the latest reinsurance captive in France, BPHR Re.

Property remains major focus for captives despite softening market

Although there are signs that property pricing is softening in the commercial market, the line is still one of the main drivers behind growing captive utilisation around the world.

Latest Podcasts

GCP Short: Spain’s captive evolution

Luke is joined by new captive owner Mario Ramirez, of Exolum and Zurich's Adriana Scherzinger and Anna-Marie Jarvis to discuss developments in Spain's captive market.

GCP Short: Hawaii’s captive owner experience

Richard hosts an exclusive Hawaii captive owner roundtable, featuring HCIC board members David Beyer, Elaine Ziemba and Matt Reece.

GCP Short: Analysing cancer claims data to inform programme design

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.

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