News
Cayman licences 15 new captives in Q2
The Cayman Islands Monetary Authority (CIMA) has issued 15 new captive insurance licences during Q2 2025, comprising nine Class B(i) and six Class B(iii) licences.
Department of Labor grants Meta ERISA benefits exemption
The Department of Labor (DoL) has granted Meta Platforms Inc, the parent company of Facebook and WhatsApp, an Employee Retirement Income Security Act (ERISA) exemption to allow its captive to reinsure certain US employee benefits.
Airmic to push for proportional, risk-based UK captive regime
Airmic CEO Julia Graham has welcomed the Government’s go-ahead for a UK captive regime, and has re-emphasised the need for an “ambitious and competitive framework” that is proportional and risk based.
Aon plans UK captive management company, demand expected
Aon has committed to launching a captive management company in the United Kingdom, following confirmation from Chancellor Rachel Reeves that a bespoke regulatory regime will be introduced for captive insurance companies.
Treasury gives green light to UK captive regime
His Majesty’s Treasury has confirmed it will go ahead with designing and implementing a captive insurance regulatory framework for the United Kingdom.
Quanta Services captive has ‘Excellent’ rating affirmed
AM Best has affirmed the ‘A-‘ (Excellent) financial strength rating of Texas-domiciled Quanta Insurance Company, Inc (QIC), the single parent captive owned by Quanta Services, Inc.
Norske Tog forms Norway’s second captive in a year
Norwegian train company Norske Tog has established a pure captive in its home country, making it the second new captive established in the territory in the last 12 months.
Deutsche Telekom exploring German captive formation
German telecommunications company, Deutsche Telekom, is looking to form a brand-new captive in Germany.
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LATEST PODCASTS
GCP Short: Tax treatment & anticipating a UK Captive regime
Richard is joined by London-based Stephen Massey, insurance tax specialist at Ernst & Young LLP, to discuss how the international tax treatment of captives has changed over the years and possible consequences of a UK captive regime.
GCP Short: ART and parametric solutions for captives
Produced in partnership with Aon, this episodes focuses on the what, why and how of structured reinsurance, ART and parametric solutions for captives.
GCP#123: At the Bermuda Captive Conference 2025
Senior Reporter Luke Harrison reports from the Bermuda Captive Conference that took place in June 2025.