- Italy’s first two captives licensed with more expected to follow
- Time required to educate IVASS on captive regulation
- Solvency II proportionality reform could push captive numbers
A swathe of new captives could form in Italy if the Italian regulator introduces specific legislation.
Under current laws, captives are generally regulated under the same legislation as traditional carriers, which can be onerous for smaller insurance companies such as captives.
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