News
Plaintiffs appeal IRS ‘transactions of interest’ ruling on 831(b) captives
In a formal Notice of Appeal, Drake Plastics Ltd. Co., Drake Insurance Co., and Strategic Risk Alternatives, LLC confirmed they will take the case to the United States Court of Appeals for the Fifth Circuit.
Hawaii to introduce SB 2043 refining captive examinations
Under the new legislation, captives, excluding risk retention groups (RRG), will undergo an initial examination within five years of licensure.
UK to expand PCCs as part of captive framework
The expanded PCC legislation is expected to come after the captive framework is implemented in 2027.
Marsh Risk to launch Captive Companion solution
The firm will be unveiling its Captive Companion solution along with its Renewal Companion solution as part of its newly launched Risk Companion suite at RIMS RISKWORLD 2026 in Philadelphia.
Jeff Bray named RIMS Risk Manager of the Year
Bray began his risk management career at AMB Property Corporation (AMB) in 2005 and assumed leadership of global risk management after Prologis’ 2011 merger with AMB.
Columbian banking firm forms Bermuda’s first captive of 2026
Last month, Rojo Re Ltd was added to the Bermuda Monetary Authority (BMA) register of insurance companies, receiving its Class 3 licence on 31 March.
Cayman licences 13 new captives in Q1
In addition, CIMA also licenced four portfolio insurance companies (PICs).
Artex Middle East to grow local team – Paul Eaton
Eaton said the next stage of the evolution was developing a local team, and Hassan Ashtari joining the Artex team was the next step.
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LATEST PODCASTS
Short: Vermont’s new captive leaders
In this GCP Short, produced in partnership with the State of Vermont, Richard features the State’s new generation of captive leaders.
#133: CICA and Association Leaders Debate
Richard brings listeners two conversations recorded at the CICA International Conference that took place from 8 – 10 March in Desert Spring, California.
Captive Leaders: Brady Young
In the latest exclusive, in-depth interview for the GCP Captive Leaders series, Richard is joined by Brady Young, Founder & CEO of Strategic Risk Solutions.