Sunday, March 22, 2026

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Health insurance company forms Cayman SPC 

Healthcare continues to be one of the jurisdiction’s main areas of focus and expertise, though as a result of M&A activity, the number of new healthcare captives has stalled although the size of the existing captives has increased significantly.

Iowa captive regime focusing on quality over quantity 

In 2023, Iowa became the latest US state to introduce captive legislation making it the 36th US jurisdiction to adopt captive insurance legislation.

Tennessee captive premium doubles in 2025 

Tennessee has 184 captives and 703 cells domiciled in the jurisdiction as of today. 

Generali CARE hires Wendy Liu as CEO Global Benefits and Partnerships 

Lui most recently served as CEO of Zurich Integrated Benefits and International Life at Zurich.

Prabal Lakhanpal elected as CICA chair

Lakhanpal has been a CICA member since 2018 and was involved in the launch of the CICA NEXTGen programme, also serving as a former NEXTGen chair.

Zurich appoints David Weber as head of proposition and business development 

He brings more than 15 years of international experience across risk management, multinational casualty underwriting, technical governance, and innovative solution design, including parametric and data driven approaches.

AM Best affirms rating of Vertex Pharmaceuticals captive

TIC is a wholly owned captive insurance subsidiary of global biotechnology company Vertex Pharmaceuticals.

Brian McCarthy joins MAXIS as regional manager in United States

MAXIS Global Benefits Network (MAXIS GBN) has appointed Brian McCarthy as its regional manager for the US East Zone within its global business development team.

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LATEST PODCASTSLogo

Captive Leaders Podcast: Yves Betz

Yves Betz, Head of Multinational Solutions at AXA XL, addresses a range of topics, including the evolving attitude of the commercial market towards captives, the increasing capital and capacity attracted to captive reinsurance and ART solutions, and the growing role of China in the captive marketplace.

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In this GCP Short, produced in partnership with MARSH, we explore the growth areas of international employee benefits and medical stop loss in captives.

Short: Keeping on top of IPT updates

As captives write business around the world, particularly when on a direct basis, they have to be mindful of complex and often changing local taxes and levies in each territory that they are active.

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