News

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Milford Street captive gets New York loan approval

The loan was announced in February of this year and has the Governor’s support.   14 May 2026

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Hawai’i report highlights importance of captives

A new report analysed Hawai’i-Japanese relations and what the state does for Japan.   14 May 2026

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Gallagher Bassett buys Mays Brown

The purchase adds shipping and marine law services to GB and its widening portfolio.   11 May 2026

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FERMA and WBCSD launch ‘Open Sesame’ to unlock climate resilience finance

New cross-industry initiative aims to bridge funding gaps and enable pre-event investment in climate risk mitigation.   7 May 2026

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VCIA opens registration for VCIA 2026

Prospective attendees can now register for the 41st annual conference.   6 May 2026

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Drake Plastics and SRA appeal ‘transactions of interest’ ruling in 831(b) case

While the ruling did vacate the ‘listed transaction’ designation, the court backed the IRS’ use of ‘transaction of interest’ for certain micro-captive arrangements.   6 May 2026

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Rate softening accelerates across specialty lines, WTW finds

Three-quarters of specialty classes saw price declines at 1 January renewals, as a rapid shift in market conditions erodes roughly half of the rate increases achieved since 2017.   6 May 2026

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Iowa approves bill for life reinsurance captives

The bill also addresses other risk transfer methods including parametric contracts.   1 May 2026

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Hawaii introduces risk-based supervisory model

Captive insurers will undergoing examination within five years of licensure.   1 May 2026

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UK government plans captive PCC legislation post-2027 regime launch

UK Government indicates it is in favour of PCCs being used for captive insurance purposes following a consultation on the matter.   30 April 2026

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