Thursday, September 11, 2025

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Starr experiencing sizeable captive interest in casualty lines across the tower 

Starr Insurance Companies is witnessing a surge of interest from companies looking to utilise their captives to write casualty risks as nuclear verdicts spiral, according to Heather Graziani, AVP for global risk management at the carrier. 

Nuclear verdicts in the casualty market are resulting in rate increases, capacity decline, and more claims landing higher up the tower. 

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

GCP Short: Building a RRG for self-defense legal representation

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Anne Marie Towle, Hylant
Marc Victor, Attorneys for Freedom Law Firm

In this GCP Short, produced in partnership with Hylant Global Captive Solutions, Richard is joined by Marc Victor, Managing Attorney for the Attorneys for Freedom Law Firm, and Anne Marie Towle, CEO of ⁠Hylant Global Risk and Captive Solutions⁠, to discuss a recent Risk Retention Group formed by the ⁠Attorneys on Retainer Association⁠.

Marc explains the unique insurance challenge faced by his firm, their clients and the Association in the area of firearms and self-defense, and why a RRG was the right captive structure.

For more information on Hylant and its captive services, visit its ⁠Friend of the Podcast page⁠.

Helio Risk appoints Ken Rowe as senior captive risk consultant  

Captive management and risk consulting firm Helio Risk has appointed Ken Rowe as senior captive risk consultant. 

A financial executive with over 30 years of experience, Rowe will play a key role in initiatives focused on captive programmes for organisations in higher education and healthcare, and business risk consulting. 

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

Georgia Bill expanding captive lines of business sent to Governor 

Georgia Governor Brian Kemp has been sent House Bill 348 to sign, which would expand the lines of insurance or reinsurance in which a limited purpose subsidiary and captive may write. 

Previously, the lines of business a Georgia-domiciled captive could write were stipulated as casualty, marine, property and surety as defined under the State’s insurance code. 

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

Sandals Resorts sues its own Cayman-domiciled captive 

Sandals Resort International 2000 Inc. and 18 of its subsidiaries, including hotel resort operators, have filed a lawsuit in the Cayman Islands Grand Court against its own Cayman Islands-domiciled captive, Landon Insurance Limited. 

The hotel chain is claiming compensation against Landon for business interruption losses suffered from each of its resorts as a result of the Covid-19 pandemic. 

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

“Untapped potential” for family offices to utilise captives   


  • Growing number of carriers entering family office space 
  • More families with lower levels of wealth utilising family offices  
  • Family offices write a wide array of risks due to diverse operations 

There is an unrealised capacity when it comes to family offices utilising captive insurance to enhance risk management strategies and their premium spend amid a more uncertain global landscape. 

A family office is a private wealth management firm that serves the needs of a single family or a group of closely related families. 

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

Cayman licensed five new captives in Q1  

The Cayman Islands Monetary Authority (CIMA) licensed five new international insurers between January and March of this year, including two class B(i) and three class B(iii) licences. 

In CIMA’s regulatory framework, captive business usually falls into the Class B licences. 

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

XN Captive rebrands to Luzern Risk and receives $12m series A funding 

XN Captive has rebranded to Luzern Risk in addition to receiving a $12m series A investment from Caffeinated Capital, that Luzern believes will help accelerate its aim to modernise captives for the “underserved” middle market. 

Luzern Risk claims to deliver the first fully integrated, digital captive solution, by mixing software with insurance expertise to give businesses strategic control over risk and capital. 

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

831(b) Institute joins call for 90 day extension to IRS disclosure requirements 

The 831(b) Institute has submitted a letter to acting Internal Revenue Service Commissioner Melanie Krause calling for 90-day extension its new disclosure reporting requirements for micro captives. 

The Institute has joined the efforts of state captive insurance associations across the US who have also called for an extension to the IRS disclosure requirements. 

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

AM Best affirms rating of Grupo ASSA captive 

AM Best has affirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of “a” (excellent) of Bermuda-domiciled Lion Reinsurance Company (Lion Re). The outlook for the ratings is stable. 

Lion Re is a reinsurer subsidiary of ASSA Compañía Tenedora, S.A. and is owned ultimately by Grupo ASSA, S.A., a financial services holding company publicly traded on the Panama Stock Exchange. 

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.