Long reads

Under SB 890, the MIA, in consultation with relevant stakeholders, must study the use, regulation, and taxation of captives by entities in the State. 

While softer pricing has traditionally reduced the incentive to retain risk within a captive, the current cyber market is not triggering a widespread retreat from captive utilisation. 

Some commentators speaking to Captive Intelligence argue that the latest ruling is one of the biggest wins for the captive industry in recent years, while others believe the ruling may not ultimately change much in practical terms.

Organisations are increasingly turning to captives, not simply as risk financing tools, but as strategic platforms to optimise capital, manage volatility and unlock greater capacity. 

With 36 US captive domiciles now available to choose from, it makes growing sense for firms to explore what their home domicile might have to offer.

China’s fast growing and maturing multinationals could present the next boom in captive growth with Hong Kong well positioned to capitalise, according to Yves Betz, head of AXA XL Multinational Solutions.

Specialist facility structures are expanding access to captive solutions for companies in this space, with Captives.Insure developing a protected cell facility designed to bridge the gap between traditional group captives and standalone single parent captives.

A look at the DataHub 100 Club explores how the captive industry’s largest domiciles compare on growth, net change, sector mix and manager share.