Isle of Man authorises first Insurance SPV
Thomas Miller Captive Management will manage the Isle of Man’s first insurance special purpose vehicle (ISPV) after the Financial Services Authority approved a licence for Ilex Global Reinsurance Company...
Italian corporates begin move to re-domesticate European captives
Italian-owned captives have begun the process of re-domesticating back to Italy after negotiations with the regulator IVASS neared agreement.
Group and cell captives on legislative agenda for TxCIA
The Texas Captive Insurance Association (TxCIA) is keen to see legislation that would allow cell and group captives to be formed within the domicile, sources have told Captive Intelligence.
New Cayman regulation will require “beefing up” of captive investment documentation
The Cayman Islands' new rules for investment activities of insurers will come into effect from February 2023.
New French regime “could triple” captive number in France
Captives are not new to France, with five new establishments in the past two years but updated legislation is expected to boost numbers.
“International discussion” requested for captive board criteria
The requirements of captive boards and independent directors varies from domicile to domicile but a global standard may be useful to enhance governance of captive insurance.
Cayman Islands Monetary Authority imposes regulatory fines on Artex
The Cayman Islands Monetary Authority (CIMA) has imposed discretionary administrative fines totalling CI$95,409.11 on Artex Risk Solutions (Cayman).
Protected Cell Companies – 25 years in
Guernsey’s success was soon emulated around the world with numerous variations of the cellular vehicle springing up, first in other international insurance domiciles, and latterly onshore notably in the US and UK.
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GCP #81: Zurich’s Emma Sansom and Megan Ogden of EIS Insurance Services
Richard is joined by guest co-host Emma Sansom, group head of captives at Zurich, who discusses her priorities in the new role, their view on D&O in captives and Zurich is supporting more cyber captive programmes.
GCP Short: Hylant’s European captive strategy
In a 15 minute discussion, Richard is joined by Anne Marie Towle, CEO of Global Captive Solutions at Hylant, and Alexandra Gedge, Senior Captive Consultant, to discuss their view and strategy for expansion into the European market.
GCP Live @ CICA 2023
This GCP Live episode was recorded in front of a live audience as the closing session of the CICA International Conference in Palm Springs, California on Tuesday, 7 March.