Following the introduction of HB 649, protected cells are also required upon formation, to certify that funding is in place consistent with their approved business plans.

This GCP Short, produced in partnership with ⁠Zurich Insurance⁠, focuses on the captive revolution currently taking place in Alberta, Canada. The Energy Province implemented its captive regime in July 2022 and, at the time of recording, has 37 active captives. In...

Louisiana’s lawmakers have filed three pieces of legislation designed to modernise and strengthen the State’s approach to regulating captives, but is also seeking to impost additional regulatory requirements on captives that insure commercial trucking risks in the State.

The mutual will cease underwriting new business from 1 July 2026 while remaining solvent and meeting its liabilities including all claims.

The Bill has been proposed despite the Department of Commerce and Consumer Affairs (DCCA) opposing that it would allow captives to insure the public without adequate consumer protections or regulatory oversight.

ITOCHU will ultimately novate policies from its Bermuda entity to its new Cayman captive GUNA Re.

Both providers will be part of its wellness technology marketplace which delivers global wellness solutions to multinational employers.

Piko AI leverages artificial intelligence and blockchain technology to reduce these inefficiencies and solve unstructured data challenges.