Marsh has introduced tax investment default insurance, a solution designed to expand the pool of capital available to invest in federal tax credits tied to US renewable energy projects.
JAB Holdings, the biggest investor in Pret A Manger, Krispy Kreme and Coty, will launch a global insurance platform and establish an asset management company.
Bermuda Monetary Authority (BMA) licensed three new captives between January and April 2024, taking the total number in the domicile to 630.
It was announced during the 2024 Western Region Captive Insurance Conference (WRCIC) in Tulsa, Oklahoma, further signifying the agency’s commitment to making the state a desired domicile for captive insurance companies and service providers.
Flagstone International has partnered with captive insurance manager Strategic Risk Solutions (SRS) to allow SRS’s clients access to its cash deposit platform.
The offering is designed for EU-based providers, including custodians, exchanges and administrators, who must comply with the forthcoming Markets in Crypto-Assets Regulation (MiCA).
Jim O'Brien, division manager, and Doug Patterson, head of renewable energy, will lead the new unit, which will first serve the US and Canada before going global later this year.
