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Arizona lowers capital requirements for captives in latest bill
12 May 2025
US

Arizona Governor Katie Hobbs has signed HB 2193 into law, which reduces the minimum capital and surplus requirements for protected cell captive insurers to US$250,000

AM Best affirms ratings for NiSource's captive
12 May 2025
US

AM Best has affirmed the financial strength rating of ‘A’ (Excellent) for NiSource Insurance Corporation, a single-parent captive insurer of NiSource

IHC unveils AI-driven reinsurance platform in Abu Dhabi
09 May 2025
UAE

IHC is set to launch a global reinsurance platform headquartered in Abu Dhabi Global Market (ADGM), in partnership with BlackRock and Lunate

South Carolina passes captive reform bill
09 May 2025
US

The bill introduces key reforms aimed at enhancing the competitiveness and regulatory agility of the state’s captive insurance framework

Lloyd’s names Tiernan as next CEO
08 May 2025
UK

Patrick Tiernan currently serves as Lloyd’s chief of markets, a role he took up in May 2021

CaptiveSimple unveils platform to automate captive formation
07 May 2025
US

The Wyoming-based company says its technology can reduce the cost of setting up a captive by more than 50 per cent compared to traditional methods

Marsh names Beaupérin as Client Leader for Europe
07 May 2025
Belgium

Typhaine Beaupérin joins Marsh from the Federation of European Risk Management Associations (FERMA), where she has served as CEO and secretary general for nearly ten years

Sompo International expands board with key appointments
06 May 2025
Bermuda

Sompo has named Nicholas Walsh independent non-executive chairman and appointed Monica Cramér Manhem and Yoshihiro Uotani as non-executive directors of Sompo International Holdings’ board

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