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The High Court of England & Wales has granted the final approval to American International Group to split its European business among two new entities ahead of Brexit. 28 October 2018
Analysis
Jersey’s government has introduced a bill requiring businesses that operate on the island to be able to demonstrate adequate economic substance, as it aims to avoid the EU’s blacklist of uncooperative tax jurisdictions. 27 October 2018
EMEA analysis
The Labuan Financial Services Authority (FSA) has announced that the Minister of Finance of the captive domicile has approved the appointment of Datuk Oh Chong Peng as the chairman of Labuan FSA effective from 16 October 2018 until 15 February 2020. 22 October 2018
Analysis
London & Capital has promoted Kate Miller and Robert Paul as partners. 14 October 2018
Analysis
Brexit is not influencing redomiciliation among European captives, and while there are vast uncertainties around Brexit, it is not high on the risk management agenda for them. 12 October 2018
Analysis
Guernsey Finance deputy chief executive Kate Clouston will be stepping down from her role to join offshore law firm Collas Crill next year. 9 October 2018
Analysis
Against a backdrop of legislative pressures, Brexit and BEPS, many companies in Europe are reconsidering why they need a captive, as Alexandra Gedge of JLT Insurance Management explains. 8 October 2018
Actuarial & underwriting
R&Q Investment Holdings has entered into an agreement to acquire Western Captive Insurance Company (WCIC), an Irish-domiciled captive belong to the Coffey Group, a civil engineering, environmental and building contracting group of companies. 2 October 2018
Analysis
Guernsey’s longstanding business ties with China are starting to generate captive insurance business from the country, says Dominic Wheatley of Guernsey Finance 1 October 2018
Analysis
Dutch life insurance company Aegon is merging two of its legal entities - its Arizona-based variable annuity captive with Transamerica Life Insurance Company (TLIC) - which it expects to boost its US capital position by approximately $1 billion. 25 September 2018
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