Regulation and Oversight
Tennessee Proposes Updates to Captive Insurance Regulations
Tennessee will hold an October 20 rulemaking hearing on proposed captive insurance regulations addressing financial reporting, audits, actuarial opinions, examinations, service providers, captive managers, and licensing procedures. The proposals also establish standards for virtual annual meetings, abandoned applications, and backdating certificates of authority or approvals to operate in the state. Learn More
Hawaii Updates Captive Insurance Examination Law
Hawaii has enacted Act 255, updating its captive insurance examination framework with a risk-based approach. The law gives the insurance commissioner discretion over examination schedules for most captive insurers through 2031 while maintaining regulatory oversight. The legislation aims to improve regulatory efficiency and reinforces Hawaii's position as a leading captive insurance domicile. Learn More
UK Regulators Propose Tailored Captive Insurance Regime
UK regulators proposed a tailored captive insurance regime for single-parent captives featuring lower capital and reporting requirements, flexible capital resources, and a streamlined authorization process. The framework would permit direct and reinsurance business, subject to certain restrictions. Consultation responses are due October 14, 2026, with implementation expected in mid-2027. Read More
Iowa Updates Captive Insurance Law to Expand Market
Iowa has updated its captive insurance law through H.F. 2766, creating a framework for life captive reinsurance companies and introducing measures to attract captive insurers. The legislation includes a premium tax waiver, reduced capital requirements for protected cells, expanded organizational options, and clarifications regarding parametric insurance and tax confidentiality. Read More
Iowa Enacts Captive Insurance Law with Redomestication Tax Provisions
Iowa Governor Kim Reynolds signed House File 2766 into law, updating the state's captive insurance framework. The legislation establishes a regulatory structure for life captive reinsurance companies, includes redomestication tax provisions, addresses parametric risk transfer arrangements, and expands reporting, confidentiality, and dormancy provisions. Read More
Inside Iowa's Growing Role in Life Captive Reinsurance Structures
Jeff Wilson of the Iowa Insurance Division discusses the growing use of life captive reinsurance companies, including capital management considerations, regulatory oversight, and why Iowa continues to attract interest as a domicile for these increasingly important captive insurance structures. Read More
Iowa Legislature Approves Captive Insurance Updates, Adds Life Reinsurance Framework
Iowa legislators approved House File 2766, updating captive insurance regulations and establishing a framework for life captive reinsurance companies. The bill addresses licensing, reporting, capital requirements, and redomestication provisions. It also includes confidentiality protections for certain filings. The measure has passed both chambers and awaits the governor's signature. Read More