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Report

A UK captive insurance regime: What to know and decide now

Explore Marsh’s UK captive insurance insights on the proposed UK captive regime, consultation timeline, and key actions for businesses.

The Prudential Regulation Authority’s proposed UK captive insurance regime could reshape how organisations structure and manage risk. With consultation open until 14 October 2026 and launch expected in mid-2027, now is the time to assess the opportunities.

This report explains the key features of the proposed framework, including the new regulatory category, lower capital requirements, simplified application process, and proportionate reporting obligations.

It also compares the UK approach with established offshore captive domiciles and outlines the practical steps organisations should consider now.

For large corporates and UK-focused businesses exploring captive options, the regime may offer a more accessible and streamlined alternative to offshore structures.

Explore the report to understand what the new regime could mean for your business and how to prepare.

REPORT

Find out how the UK captive regime may affect your risk strategy