Captive Start-Up Report 2016

The process of setting up a captive can be tedious, problematic and stressful. Big data, domicile location, reinsurance markets and actuary selection continue to remain at the forefront of any prospective captive owner’s mind.

Being up-to-date with every associated legal implication is also key. Forming a captive encompasses five different legal practice areas and each must be adequately adhered to, while the consequences of failing to meet the requirements could spell ruin for the captive.

Opportunities still lay in abundance, however. Accounting for roughly $450bn of capital, the global reinsurance market is often overlooked, but, if utilised correctly, can present the parent(s) with a plethora of capacity options not usually available to them.

When choosing a domicile, there are a number of essential considerations. Domiciles can be selected solely on the fee and premium tax environment, while some owners may be swayed by an exotic location. Prospective captive owners must stay wary, carry out a thorough review and ensure high quality regulation is a major part of
their decision.

Captive Start-Up

This Captive Review Start-up Report 2016 delivers a comprehensive guide containing a wealth of information collated from established experts. The report sheds light on the formation of protected cell companies (PCCs), group and association captives, while highlighting the pitfalls which have seen many captives crumble.

Click here to view the Captive Start-Up Report 2016

Emerald Risk offers PCC solution to insure cannabis businesses

A protected cell company (PCC) is being used to insure risks associated with the investment in, farming and...
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Clayton Price to lead Beecher Carlson office in Cayman

Beecher Carlson has appointed captive veteran Clayton Price to lead a new office in the Cayman Islands. The captive manager already manages a handful of captives in the...
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Risk Strategies acquires Oxford Risk Management Group

Oxford Risk Management Group, specialists in enterprise risk captives making the 831(b) tax election, has been acquired by...
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Websure makes three appointments

Insurance software provider Websure has appointed Steve Tucker as head of business development and made two other hires. Tucker will focus on client engagement and support Paul Ring,...
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