Articles

Analysis

Connecticut passes agency captive legislation

The Connecticut General Assembly has passed a bill that would allow licensed insurance agents to establish an agency captive insurance company to insure against risks covered by the policies they sell, subject to specified conditions.   14 May 2018

Analysis

Washington state issues cease & desist order to Microsoft captive

The Washington State Office of the Insurance Commissioner has issued a cease & desist order against Microsoft to stop using its Arizona-domiciled captive, Cypress Insurance, to directly insure its parent.   14 May 2018

Analysis

MoU between Guernsey and Bank of England should help trade post-Brexit

The Guernsey Financial Services Commission has signed a Memorandum of Understanding (MoU) with the Bank of England, a reaffirmation of the relationship between the Guernsey regulator and the Prudential Regulation Authority (PRA).   18 April 2018

Accounting & tax analysis

Tax reform: the fallout for captives

When US Congress passed the Tax Cuts and Jobs Act, the captive insurance industry was left wondering how the changes would affect captive programmes. Niki Garceau and Daniel Kusaila of Crowe Horwath explore the impact of the new legislation.   16 April 2018

Analysis

Kansas enhances captive insurance legislation

Kansas governor Jeff Colyer has approved a bill that updates the state's captive insurance statutes and allows certain captive insurance companies in the State of Kansas.   16 April 2018

Analysis

Conyers welcomes partner to corporate practice in Cayman

Conyers Dill & Pearman has appointed Derek Stenson as a partner in the Cayman Islands corporate practice.   9 April 2018

Analysis

Morris, Manning & Martin appoints re/insurance co-chair

Morris, Manning & Martin has appointed partner Tony Roehl as co-chair of the law firm's insurance and reinsurance practicse.   9 April 2018

Accounting & tax analysis

Captives under fire again in IRS "Dirty Dozen" 2018 list

The Internal Revenue Service (IRS) has concluded its annual "Dirty Dozen" list of tax scams for 2018, placing "abusive" microcaptives on there for the fourth consecutive year.   3 April 2018

Analysis

UK extends Pool Re terrorism cover to include non-damage business interruption

The UK Government is extending the terrorism cover offered through Pool Re to include non-damage business interruption (BI) losses that result from acts of terrorism.   28 March 2018

Accounting & tax analysis

Avrahami not all doom and gloom for small captives

Captive owners should not be concerned by the outcome of the Avrahami tax case despite indications that litigation against captives is increasing as a result. Captive owners confident they have formed their operations legitimately should be willing to fight any challenge.   14 March 2018

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.