Reinsurance News
captives
Aon’s NFP launches Group Captive practice through acquisition of Trinity Risk Advisors
4th March 2026
NFP, an Aon company and property and casualty (P&C) broker and benefits consultant, has established its P&C Group Captive practice through the acquisition of Trinity Risk Advisors, LLC, a Charlotte, N.C.-based captive brokerage firm. Alan Wise, Founder and President of Trinity Risk Advisors, will lead the P&C Group Captive practice as ... 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
Gallagher Re hires Martin Hughes to lead new Captives Risk Transfer team
19th December 2025
Global reinsurance broker Gallagher Re has announced the launch of a new dedicated Captive Risk Transfer team within its Global Facultative practice, which will be led by Martin Hughes as Executive Vice President, Captives, effective January 1, 2026. The new practice will provide tailored facultative and structured reinsurance solutions for single ... Read the full article
Beazley expects new Bermuda platform to deliver ~$400m premium by 2030
25th November 2025
Beazley, the London headquartered specialist insurer and reinsurer, has confirmed that it foresees "strong growth trajectory" for its new Bermuda platform, with around $400 million in premium expected by 2030. This morning, Beazley announced plans to establish a presence in Bermuda in early 2026, subject to regulatory approval, with $500 ... Read the full article
Captives can help advance ESG commitments, says FERMA report
14th November 2025
The Federation of European Risk Management Associations (FERMA), representing risk managers across Europe, has examined how captives can contribute to environmental, social, and governance (ESG) objectives. In its report, ESG – Toolbox for Captives, FERMA notes that while captives are primarily designed to manage risk and provide insurance solutions, they can ... Read the full article
Moore named Head of Group Captives for Zurich North America
30th September 2025
Zurich North America has announced the appointment of Matthew Moore as Executive Vice President - Head of Group Captives. In his new role, Moore will be based in Chicago and report to Alex Wells, EVP & Head of Middle Market at Zurich North America. The executive will be responsible for the strategy ... 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
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
Davies appoints James Ferris as CEO of Captive Management business
26th June 2025
Davies, a specialist professional services and technology company, has announced the appointment of James Ferris as CEO of its Captive Management business, effective 1st July 2025. Based in Bermuda, Ferris succeeds Nick Frost, who will assume the role of Chairman after serving as Captive Management CEO for 14 years. Ferris brings more ... 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
UK captive regime requires flexibility, scope, and speed of licensing: Lay, MMC
11th February 2025
As the UK government consultation period concerning a potential new approach to captive insurers, aimed at enhancing the competitiveness of the UK insurance sector, comes to an end, Chris Lay, UK Chief Executive Officer (CEO) at global re/insurance broker Marsh McLennan (MMC), has called for the establishment of an effective, ... Read the full article
McElhiney to lead Augment’s newly launched captive & alternative risk transfer solutions offering
19th December 2024
Reinsurance broker Augment Risk has launched its newly created captive and alternative risk transfer solutions offering, and appointed Steve McElhiney to lead this new venture. Augment Risk's new captive and alternative risk transfer solutions offering has been designed to complement the firm's broader strategy: providing essential capital and risk solutions that ... Read the full article
Gallagher & Artex launch alternative risk management services in Abu Dhabi
28th October 2024
Gallagher has further expanded its services with the launch of alternative risk management solutions in the Abu Dhabi Global Market (ADGM) through its wholly-owned subsidiary, Artex. This expanded suite of solutions available to clients leverages the expertise of ACE Gallagher's risk professionals, further strengthening their support for businesses across the Middle ... Read the full article
DARAG to acquire Cayman Islands re/insurance captive
19th April 2024
Legacy acquirer DARAG Insurance Guernsey Limited (DIGL) has announced it is to acquire a Cayman Islands-based re/insurance captive. The firm has signed a sale and purchase agreement (SPA) for a re/insurance captive from a very large multinational corporate that possesses long tail UK employers’ liability (EL) exposure. According to the announcement, DIGL ... Read the full article
Howden agrees to acquire captive manager specialist ARM
15th February 2024
Global re/insurance broker Howden has entered the captive management market as it has agreed to acquire ARM Group Holdings Limited (ARM), the parent of Alternative Risk Management. ARM is one of the largest independent insurance managers in Europe and a specialist in the formation and management of insurance captives. According to the ... Read the full article
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