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The representative body of Guernsey insurers and insurance managers, the Guernsey International Insurance Association (GIIA), has signed Memorandums of Understanding (MoU) with both the China Captive Alliance and the regional government of Kashgar. 29 June 2016
EMEA analysis
Guernsey, the largest captive domicile in Europe, is well placed to ensure there is minimal impact on its trading relationships and will put in place any required alternative trading agreements, according to Guernsey Finance, motional agency for the island’s finance industry. 27 June 2016
EMEA analysis
As a consequence of the UK leaving the European Union, Gibraltar could become more attractive for captives, according to law firm Hassans. Gibraltar insurers will mull relocating to EU but captives may benefit and insurers writing UK business not affected, the firm noted. 27 June 2016
Bermuda analysis
Butterfield has provided customers with innovative, quality products with a customised approach for more than 150 years. 17 June 2016
EMEA analysis
Re/insurance service provider Pro Global has become the first company to file an application for a new domestic insurance company in Rhode Island under the new regulation. 17 June 2016
Bermuda analysis
The Bermuda Insurance Management Association plays a key role in protecting the interests of its members and helping promote both Bermuda and the captives industry generally. Grainne Richmond, its new president, has some additional aims, as she explains to Bermuda Captive. 16 June 2016
EMEA analysis
Guernsey Court has handed down a judgement concerning Protected Cell Companies (PCC) that may have worldwide ramifications. 16 June 2016
Bermuda analysis
Uncertainty over the UK potentially exiting the European Union (EU) has already led to a reduction in internal and external investment in the UK and more disruption is likely if the UK does exit. 16 June 2016
Bermuda analysis
Companies using captives could increasingly come under scrutiny as a result of an initiative launched by the OECD last year designed to counter tax planning strategies that exploit gaps and mismatches in tax rules to shift profits. 16 June 2016
Bermuda analysis
Jill Husbands, the chairman and managing director of Marsh IAS Management Services (Bermuda), was awarded the inaugural Fred Reiss Lifetime Achievement Award at the Bermuda Captive Conference. 15 June 2016
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