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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.
USQRisk hires John Levy as global head of structured reinsurance
Levy joins USQRisk with over 30 years of (re)insurance industry experience including actuarial, underwriting, and brokering for domestic and international placements.
Is 831(b) ruling one of the US captive industry’s biggest wins?
Some commentators speaking to Captive Intelligence argue that the latest ruling is one of the biggest wins for the captive industry in recent years, while others believe the ruling may not ultimately change much in practical terms.
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.
Asta hires Nylesh Shah as independent non-executive director
Shah joins from the Prudential Regulation Authority (PRA), where he has been a key figure in developing the upcoming UK captive insurance regime.
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.
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LATEST PODCASTS
Short: Life Time – Building a diversified captive
We bring you an in-depth captive case study on Life Time, Inc, a publicly listed chain of health clubs, which has owned a captive in Vermont since 2017.
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.