Thursday, March 13, 2025

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News

US Congress to get CRA ball rolling against 831(b) regulations

It is expected that Tennessee Representative Mark Green will introduce legislation to the United States’ Congress that disapproves the latest ruling submitted by the Internal Revenue Service (IRS) in relation to micro captives.

Momentum and confidence growing behind UK captive regime

Confidence is growing that the Treasury will proceed with the introduction of a bespoke captive regulatory regime for the United Kingdom, with a decision anticipated by May this year.

Pro Group rebranded to Sotera Global Management, Renea Louie CEO

Renea Louie has been named CEO of Sotera Global Management, having rebranded from Pro Group Captive Management.

Network collaboration key to Aon’s EB cell captive solution

The adoption rate of international employee benefits programmes reinsured by captives is accelerating, while Aon hopes its new cell option for EB will widen accessibility further.

Arizona licences 32 new captives in 2024 

Arizona licensed 32 new captives in 2024, while seven surrendered their licences, taking the total number of captives domiciled in the State at the end of the year to 201.

Danica joins MAXIS network to provide health solutions to Denmark multinationals 

MAXIS Global Benefits Network (MAXIS GBN) has partnered with Danica to offer health insurance solutions to multinational clients based in Denmark.

AM Best affirms and withdraws rating of Evergreen Group captive 

AM Best has affirmed the financial strength rating of ‘A-‘ (excellent) and the long-term issuer credit rating of “a-” (excellent) of Bermuda-domiciled Evergreen Insurance Company Limited (EICL).

Property and GL most popular lines for captives: Airmic

Property and general liability are the two most popular lines of business being written in captives owned by Airmic members, with more than 70% of captives writing these risks, according to the Airmic's 2025 Captive Survey. 

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LATEST PODCASTSLogo

GCP Short: Aon launches EB Cell Captive solution

In this GCP Short we provide a deeper dive into the employee benefits protected cell captive solution launched by Aon.

GCP #119: Moose International, legacy strategies and Hawaii’s Andrew Kurata

Richard brings three interviews recorded at the ⁠Hawaii Captive Insurance Council⁠ (HCIC) in October 2024, including with captive owners Moose International and local regulator Andrew Kurata.

GCP #118: William Thomas-Ferrand, Marsh Captive Solutions’ new president

Richard is joined by one of the new leaders of our industry – William Thomas-Ferrand, who is now ⁠president of Marsh Captive Solutions⁠.

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