Regulatory changes scheduled to be tabled before the Bermuda House of Assembly place Bermuda on a steady yet progressive footing to steer the captive market forward for years to come, says Matthew Carr, senior associate, corporate, of Appleby's Bermuda office.
Contractors and sub-contractors in the construction industry face challenges that are not only unique by specialty, but even from one company to the next. Captive insurance is playing an increasingly central role in addressing the day-to-day challenges of this specialised industry, explains Thomas Stokes, managing partner at JLT Insurance Management.
Against a backdrop of high-profile failures and closures of benefit schemes, captives have become an attractive alternative over the last few years, explains David Riley, risk consultant, and Frank Oldham, strategic consultant, at Robus Group.
Captive managers and promoters including Gallagher and Artex have come under fire for allegedly conspiring to sell and manage illegal tax shelter captive insurance strategies. Matthew Queen, general counsel & chief compliance officer at Venture Captive Management, provides some insight into the lawsuit.
Delaware has introduced a ‘speed to market’ approach to setting up captives with the introduction of its conditional licensing programme. Captive International spoke with Steve Kinion about this new legislation and other developments.
Melvin Findlay, a specialist with AXA XL’s Captives and Global Programs team based in London, shares his perspective on the opportunities the captive insurance industry offers to young people.
From high profile court cases to new regulations and M&A, 2018 has been an eventful year for the captive insurance industry—and 2019 could bring further changes. Nate Reznicek, director of operations at CIC Services, shares his views.
The Cayman Islands has been placed on the EU’s ‘grey list’ of cooperative jurisdictions—but what does this mean for the domicile, and by extension the captive insurance sector? Cayman Captive reports.
Many group captive programmes have experienced growth—especially in the Cayman Islands. Cayman Captive takes a snapshot of this growing sector.
Many captives remain fixated with investing in fixed income products, but that should not mean a lack of financial flexibility, says Stephen Price of RBC Dominion Securities.