Reinsurance News

captive insurance

Marsh Nexus to help firms counter rising international employee benefit costs

16th June 2026

Marsh, a risk advisory, insurance broking and reinsurance services firm, has launched a new captive insurance solution, Marsh Nexus Captive Solution (Marsh Nexus), designed to support multinational organisations in managing risks and costs associated with soaring international employee benefit costs. According to Marsh’s Health Trends 2026 report, employer-provided health plans are ... Read the full article

Captives ‘coming home’ as PRA eyes 2027 UK regime launch

16th June 2026

Shoib Khan, Director of Insurance Supervision at the Bank of England, said the PRA is moving to build a UK captive regime aimed at reversing decades of offshore migration, with 2027 set as the moment captives are finally “coming home” to the UK. Captives are wholly owned insurance companies set up ... Read the full article

UK Government moves to enable protected cell companies for captive insurance

30th April 2026

HM Treasury, the UK government’s department responsible for economic and financial policy, has outlined plans to advance legislation that would allow protected cell companies (PCCs) to be used within the UK’s captive insurance framework. The proposals form part of a wider consultation considering how PCC structures could be expanded beyond their ... Read the full article

Captive insurance identified as a financing mechanism supporting renewable energy growth: AXA XL

17th April 2026

AXA XL, a global insurance and reinsurance company and part of the AXA Group, has published the report Future Energy Finance: How Captives are Powering Renewable Growth, which considers how the transition towards lower-carbon energy systems is increasing demand for adaptable risk financing approaches, with captive insurance arrangements highlighted as ... Read the full article

The Tennessee Department of Commerce & Insurance reports sixth straight year of captive insurance expansion

23rd March 2026

The Tennessee Department of Commerce & Insurance (TDCI), the state agency responsible for overseeing insurance, securities, and various business regulations in Tennessee, announced that 2025 marked its sixth consecutive year of growth in both active captive insurance cells and risk-bearing entities. “By combining responsible regulation, a modern captive insurance statute, and ... Read the full article

IMAC reports continued strength in Cayman’s captive insurance sector for 2025

22nd January 2026

The Insurance Managers Association of Cayman (IMAC), the representative body for Cayman’s captive insurance and reinsurance sector, has released an update pointing to continued expansion in the jurisdiction, following the Cayman Islands Monetary Authority’s (CIMA) fourth-quarter 2025 licensing figures. IMAC has reported that Cayman’s captive insurance industry maintained a strong upward ... Read the full article

Brenda Stewart to lead AIG’s Captive Management & Advisory team

15th January 2026

Brenda Stewart has been promoted to Head of Captive Management & Advisory at global insurer American International Group (AIG). In her new role, Stewart will be responsible for leading the global captive management, segregated cell and advisory groups within AIG Captive Solutions. She will also oversee client relationship management, new business development, ... Read the full article

European captive insurers show strength and resilience amid global market shifts

13th November 2025

Credit rating agency AM Best reports that Europe’s captive insurance sector continues to demonstrate stability and resilience, even as global economic and geopolitical uncertainties persist. The development of new regulatory frameworks across several European countries is reshaping the regional landscape by encouraging both the creation of new captives and the redomiciling ... Read the full article

WTW launches Captive Fit to optimise captive insurance programmes

23rd October 2025

WTW, an advisory, broking, and solutions company, has announced the launch of Captive Fit, an analytical and strategic service designed to help companies optimise their captive insurance arrangements. The service leverages WTW’s Igloo platform, a risk analytics modelling solution used by more than 1,000 users across 150 property and casualty insurers. WTW ... Read the full article

Ian Davis to lead the Vermont Captive Insurance Association as President

21st August 2025

The Vermont Captive Insurance Association (VCIA), a global captive insurance trade association, has announced the appointment of Ian Davis as its new President. A highly respected leader, Davis brings to his new role over a decade of industry experience in the captive insurance sector. With a diverse background spanning both public and ... Read the full article

US captive insurance firms continue to outpace commercial market peers: AM Best

4th August 2025

According to AM Best, the longstanding factors behind the captive composite’s outperformance of the broader commercial lines market remain intact, namely, effective claims and risk management, strict control over operating costs, and a disciplined, targeted underwriting approach. AM Best noted that rated U.S. captive insurance companies reported another strong year in ... Read the full article

PwC welcomes UK government’s captive insurance regime

16th July 2025

Following the Chancellor of the Exchequer’s announcement regarding the introduction of a UK regime for captive insurance companies, PwC leaders have expressed their support for the new framework. This initiative aims to bolster the UK's position as a global financial hub, with a focus on five key growth opportunities: FinTech, ... Read the full article

Marsh welcomes UK government’s captive insurance regime

16th July 2025

Marsh, an insurance broker and risk advisor within Marsh McLennan, welcomes the UK government’s announcement to facilitate the creation of a UK regime for captive insurance companies, a move aimed at strengthening the UK’s competitiveness in the global insurance market. As a reminder, in November 2024, the UK government launched ... Read the full article

Aon to launch UK-based Captive Management Company as demand anticipated following Chancellor’s speech

15th July 2025

Global insurance and reinsurance broker Aon has announced its plans to launch a UK-based Captive Management Company, a move that comes in anticipation of the new regulations that will allow captives to be domiciled in the UK. This news follows the UK Chancellor of the Exchequer, Rachel Reeves, confirming that the ... Read the full article

Vermont enhances captive insurance regulations to bolster industry leadership

2nd June 2025

Vermont, one of the domiciles for captive insurance companies in the United States, has enacted important updates to its captive insurance laws through the 2025 housekeeping bill, H.137. Signed into law by Governor Phil Scott on May 19, 2025, this legislation reflects Vermont’s ongoing effort to refine its regulatory environment in ... Read the full article