News
Hawaii introduces Senate Bill 2950, allows captives to write catastrophic risk Â
The Bill was passed despite the Department of Commerce and Consumer Affairs (DCCA) opposing that it would allow captives to insure the public without adequate consumer protections or regulatory oversight.
Ci DataHub: South African, Malaysian companies form Mauritius captivesÂ
Mauritius licensed two new captives in December, recent updates to the domicile’s regulatory register shows, in a move that doubled its number of non-PCC captives.
Cayman’s framework and stability key to Japanese multinational’s re-domiciliation – SRS’ Jenny Pooley
ITOCHU will ultimately novate policies from its Bermuda entity to its new Cayman captive GUNA Re.
MAXIS GBN partners with Klarity and Workplace Options
Both providers will be part of its wellness technology marketplace which delivers global wellness solutions to multinational employers.
Piko AI aims to tackle data inefficiencies in captive industryÂ
Piko AI leverages artificial intelligence and blockchain technology to reduce these inefficiencies and solve unstructured data challenges.
New KeyState PCC was from broker-driven demandÂ
KeyState works closely with mid-sized and regionally large brokers who often lack direct access to these structures.
Japanese multinational to re-domicile Bermuda captive to CaymanÂ
ITOCHU Corporation has formed a new captive in the Cayman Islands and will ultimately novate policies from its Bermuda-domiciled entity in a re-domiciliation.
Finnman joins Kongsberg as insurance VP
Experienced risk and insurance manager, Fredrik Finnman, has joined Norwegian international technology group Kongsberg.
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