Luke Harrison

Erithmitic has worked with Polo Insurance Managers to launch a new reinsurer in Guernsey, Navigate Re.

CIC Services has filed a second lawsuit against the Internal Revenue Service, arguing it has overstretched its authority, threatening small and mid-sized businesses.

Due to spiralling rates in recent years, property has been one of the main drivers behind captive utilisation in the real estate market, though momentum is starting to shift.

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 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.

Captive management and risk consulting firm Helio Risk has appointed Ken Rowe as senior captive risk consultant.

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 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.