News

Volkswagen is set to re-domesticate its Dublin-domiciled captive to Germany at the start of 2027, according to Tibor Boettcher, executive director and CEO of Volkswagen Insurance Company DAC (VICO).

Generali Employee Benefits (GEB) Network has partnered with AI-benefits firm Euphoric.

Davies has appointed Bermuda-based James Ferris as CEO of the firm’s captive management business.

After Hong Kong licenced the jurisdiction’s first captive licenced by a multinational enterprise, there is a real sense of momentum building in the domicile and an eagerness for further growth.

Louisiana has enacted HB 635 also known as the Creating Holistic Options in Coverage for Enterprise and Self-Insurance (CHOICES) law to enhance its regulatory framework for domestic captives by creating a more favourable regulatory environment.

AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of Vermont-domiciled Prism Assurance. The outlook of these credit ratings is stable.

Bermuda continues to uphold its long-standing reputation as a premier captive domicile amid an evolving domicile landscape, according to senior figures speaking to Captive Intelligence at this year’s Bermuda Captive Conference.

The 831(b) Institute, along with more than two dozen organisations representing small businesses, captives, banks, and taxpayer advocates, have submitted a letter to the US Treasury and the Internal Revenue Service calling for the immediate repeal of the recently finalised regulations targeting micro captives.