News

AXA XL has launched a web-based portal for its global clients, including captives, which provides a centralised platform allowing data insights across multinational solutions portfolios to be viewed and exported in real-time.

Hawaii is anticipating further growth in captives owned by large Japanese manufactures, according to Paul Shimomoto, chair of the Hawaii Captive Insurance Council (HCIC), and partner at Hawaii law firm Goodsill. 

AM Best has affirmed the financial strength rating of ‘A’ (excellent) and the long-term issuer credit rating of “a” (excellent) of Germany-domiciled Delvag Versicherungs-AG. The outlook for the ratings is stable.

Zaniboni is an experience employee benefits and captive operator having worked previously at Generali Employee Benefits for 24 years, including as chief insurance officer from 2018 to 2022.

The Cook Islands government and the Cook Islands Investment Corporation (CIIC) has established the Cook Islands Captive Insurance Company (CICIC).

MAXIS Global Benefits Network has launched MAXIS+, an enhanced suite of health data insights and wellness services for its multinational clients.

INTX Insurance Software was partly launched due to the lack of software available to the captive market and insurance world more generally, according to Will Perrone, CXO at INTX Insurance Software.

While many factors contribute to a final decision around domicile selection – and every client may have unique requirements – costs, tax, and the regulator’s expertise are some of the most common considerations for captive owners.