AM Best has assigned a financial strength rating of ‘A-‘ (excellent) and a long-term issuer credit rating of “a-” (excellent) to Oklahoma-domiciled OneNexus Oklahoma Captive Corp (OneNexus). The outlook for the ratings is stable. 

The United States Court of Appeals for the Fifth Circuit has affirmed the Tax Court’s previous decision disallowing tax deductions for insurance premium payments made by Dr Bernard Swift’s medical practice to his captive insurance companies and upholding associated penalties.

High-performing small to middle market firms are looking for a “product not a solution” when it comes to captive insurance, according to Andy Jeckells, CEO and co-founder at I-RE.

HDI has integrated its risk finance department at the executive board level, and going forward, Dr Dirk Höring will assume responsibility for this function.

The Guernsey International Insurance Association (GIIA) has said it welcomes HM Treasury’s captive consultation response, in which Rachel Reeves MP gave a long discussed potential UK captive regime the green light.

Tenda, the captive arm of the Ilitch Family Office (IFO), has appointed Cheryl Baker as vice president of enterprise risk management.

Richard is joined by a host of guests to share reaction and analysis of the news that the⁠ UK will be implementing⁠ a "bespoke" and "competitive" captive insurance regime by 2027.

The Cayman Islands Monetary Authority (CIMA) has issued 15 new captive insurance licences during Q2 2025, comprising nine Class B(i) and six Class B(iii) licences.