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Accounting & tax analysis
The chief financial officer (CFO) of Marsh Captive Solutions and Marsh Risk Consulting has stepped down. 19 May 2015
Accounting & tax analysis
Rating agency AM Best has assigned a financial strength rating of A+ to Intercona Re, the captive of Nestlé, the global food and beverage company. The outlook assigned to both ratings is stable. 11 May 2015
Accounting & tax analysis
Offshore captive domicile Bermuda has had its credit rating downgraded by rating agency Standard & Poor’s (S&P). 29 April 2015
Accounting & tax analysis
Bermuda will highlight the benefits of establishing captives on the Island, when a team of 15 delegates head to Canada for a roadshow. 28 April 2015
Accounting & tax analysis
The Illinois Senate has unanimously passed legislation which will repeal a premium tax imposed on industrial insurer captive insurers. 27 April 2015
Accounting & tax analysis
The Italian Ministry of Finance has removed Guernsey from its revised tax blacklist. 16 April 2015
Accounting & tax analysis
AM Best has withdrawn its ratings of New Zealand-based general insurer AMI Insurance. 8 April 2015
Accounting & tax analysis
Nevada’s captive insurance programme outperformed growth expectations by approving 26 captives in 2014 resulting in a captive premium increase of $3.8 billion. 6 March 2015
Accounting & tax analysis
In the near term, rating revisions are unlikely to stem from President Obama’s budget proposal, which calls for taxes on overseas revenues by US companies. 16 February 2015
Accounting & tax analysis
The Captive Insurance Companies Association (CICA) 2015 International Conference is set to explore the strategic advantages of captives across a wide range of business needs. 9 January 2015
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