Regulation
CIMA revokes Cayman SPC licence
The Cayman Islands Monetary Authority (CIMA) has revoked Class B(ii) licence of Progressive Grocers Insurance SPC, Ltd after failing to pay fees, and meet solvency and reporting requirements.
UK Captive Insurance: Have the Draft Proposals Met Expectations?
Jonathan Edwards, Partner and Head of Insurance and Risk at HCR Law, provides an assessment of the July 2026 consultation papers and their implications for corporate Britain, traditional insurance programmes and insurers.
Short: Analysing the UK’s Draft Captive Rules
We take a closer look at the draft proposals for a new and bespoke captive insurance regime in the United Kingdom.
ANALYSIS: Draft rules put UK on captive map, further work required to be truly competitive
Industry stakeholders have broadly welcomed the UK's proposed captive regime, describing it as an important step towards a competitive international domicile while identifying re-domiciliation, tax clarity and additional captive structures as the next priorities.
Cross requests tax clarity from UK Treasury, re-domestication pathway
The initial reaction to the first proposals for a UK captive regime has been positive from industry experts, although further clarification is already requested in areas such as tax, employee benefits and re-domiciliation procedures.
BREAKING: UK outlines “tailored” regime for captives, outside of Solvency UK
The Prudential Regulation Authority has outlined its draft regulations for captive insurers in the United Kingdom, including a new “proportionate and tailored” solvency regime outside of Solvency UK.
Singapore launches consultation on PCC framework
The Monetary Authority of Singapore (MAS) has launched a consultation on its proposed legislative framework for protected cell companies (PCCs).
PCC regime to broaden access to Singapore captives
Gan Kim Yong, the deputy prime minister and minister for trade and industry, and chairman of the Monetary Authority of Singapore (MAS), confirmed the consultation would be launched soon during the Association of Banks in Singapore (ABS) Annual Dinner on 25 June 2026.
Newsletter sign up
Subscribe below to receive our twice weekly newsletter with links to news, analysis and podcasts.
LATEST PODCASTS
Short: From Obesity Drug to Risk Strategy – Why Captives Need to Rethink GLP-1s
In this GCP Short, produced in partnership with MAXIS Global Benefits Network, we explore findings from the network's latest whitepaper on GLP-1s, often known as weight-loss drugs.
GCP Short: Refining captive strategy and selling internally
Richard is joined by Mat Robinson, Senior Managing Director and Captive Operations Leader, and Matt Gravelin, Managing Director in Consulting at Brown & Brown, to discuss how organisations can hone their captive strategy and achieve strong internal buy-in from across the group.
Short: Analysing the UK’s Draft Captive Rules
We take a closer look at the draft proposals for a new and bespoke captive insurance regime in the United Kingdom.