- Germany, Spain, UK to follow in French and Italian footsteps?
- Solvency II reforms, hoped to help proportionally, expected in January
- Cell popularity has soared, more domiciles considering PCC legislation
- Less traditional risks such as cyber more commonly being written in captives
The growing captive trend seen across Europe could create a further “echo” across the continent, with more countries in the region looking to introduce their own captive legislation in the coming years.
The 2023 narrative has been dominated by France, confirming its long-awaited reinsurance captive legislation at the turn of the year, with Italy grabbing the headlines in the last month with its first captive licence.
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