News
AM Best assigns rating to Mondelez International captive
AM Best has assigned a financial strength rating of B++ (good) and a long-term issuer credit rating of “bbb+” (good) to Ireland-domiciled Berkeley Re Designated Activity Company (Berkeley Re). The outlook for the ratings is stable.
Global Captive Management launches Outcomes SPC
Global Captive Management (GCM) has launched Outcomes SPC, a segregated portfolio company, to provide a captive structure with less entry barriers for small companies looking to utilise captives.
VCIA launches AI-powered captive insurance knowledge assistant
The Vermont Captive Insurance Association (VCIA) has launched Monty, an AI-powered knowledge assistant, designed to help captive professionals and VCIA members access resources and captive information.
Generali Employee Benefits partners with Unum Limited
Generali Employee Benefits Network (GEB) has partnered with Unum Limited in the UK, with Unum securing the renewal rights of Generali UK’s employee benefits business, encompassing its group risk products.
Vermont Governor signs H.137 into law, updates captive statute
Vermont Governor Phil Scott has signed into law the Department of Financial Regulation’s (DFR) 2025 housekeeping bill, H.137.
Georgia passes House Bill 348, expands lines of business authorised
Georgia has passed House Bill 348, which expands the lines of insurance or reinsurance a captive may engage in among other amendments.
Tennessee licences 8 pure captives, 28 cells so far in 2025
Tennessee has licenced eight pure captives and 28 cells to date in 2025. At the end of 2024, Tennessee had 645 cells and 176 captives.
AstraZeneca deploys “captive first” approach – Kevin Steed
When it comes to insuring AstraZeneca’s risk, the firm uses a ‘captive first’ approach, according to Kevin Steed, head of group insurance at AstraZeneca.
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GCP Short: Building pension captives
This GCP Short, produced in partnership with Aon, is focused on utilising captives for pensions strategies.
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.