News
Ex-UBS team launches 1280 Financial Partners, offers captive services
A team of asset management advisors has left UBS to launch 1280 Financial Partners, an independent advisory firm in the United States.
AM Best affirms rating of NiSource captive
AM Best has affirmed the financial strength rating of ‘A’ (excellent) and the long-term issuer credit rating of “a” (excellent) of Utah-domiciled NiSource Insurance Corporation (NICI). The outlook for the ratings is stable.
Luzern Risk investment opportunity to “accelerate” technology
The additional $12m funding received from Caffeinated Capital will help Luzern Risk meet market demand and accelerate its investment in technology, according to Gabriel Weiss, CEO & co-founder of the captive manager.
Javits Centre to form captive, permitted by New York state budget
New York governor Kathy Hochul has signed the FY2026 state budget into law, which allows the New York Convention Centre (Javits Centre) to create a pure captive insurer.
Arizona Governor passes HB 2193, reduces cell surplus requirement and allows dormancy
Arizona governor Kate Hobbs has signed into law HB 2193 that reduces the minimum unimpaired paid-in capital and surplus that a protected cell must possess and maintain from $500,000 to $250,000.
South Carolina passes SB 210 introducing a raft of captive updates
South Carolina Senate Bill (SB) 210 has passed the State legislature and is now awaiting the signature of Governor Henry McMaster to be signed into law.
Jeometri’s combined experience will fully utilise new Guernsey PCC
Jeometri Insurance Managers plans to utilise its combined experience with Alpha Growth to maximise the use of a new Guernsey protected cell company (PCC), subject to regulatory approval, according to Aaron Slattery, client services director at Jeometri.
CaptiveSimple launches automated captive formation platform
CaptiveSimple has launched an automated captive platform which the firm believes will transform the industry.
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LATEST PODCASTS
GCP Short: Cells for brokers and entrepreneurs
Richard is joined by Jeometri's Darren Wadley, founder and executive director, and Aaron Slattery, client services director, begin a discussion on cell and captive utilisation for commercial brokers and entrepreneurs.
GCP Short: Tariffs, Turmoil & Active Investment Management
London & Capital takes a closer look at the volatile international trade war kicked off since President Donald Trump was inaugurated for his second term and the considerations for captives and their investment strategies.
GCP Short: Managing IHG’s mature captive
Luke hosts a discussion with Marc Bentley, head of global risk finance at IHG Plc, which owns a sophisticated multi-linecaptive in Vermont, and Mat Robinson, senior managing director and captive operations leader at Brown & Brown.