The global benefits market has welcomed the Prudential Regulation Authority’s (PRA) inclusion of employee benefits in its first proposals for a UK captive regime.
The initial reaction to the first proposals for a UK captive regime has been positive from industry experts, although further clarification is already requested in areas such as tax, employee benefits and re-domiciliation procedures.
In this GCP Short, produced in partnership with the Insurance Managers Association of Cayman, we focus on the booming group captive business and the domicile’s very established specialism in this area.
In this Captive Owner Spotlight episode we feature the CICA 2026 Outstanding Captive Award winner - Xenia Assurance Company, Inc, owned by Hyatt Hotels Corporation.