Industry executives speaking at the Guernsey Insurance Forum remain optimistic for the future of the domicile and its relationship with the UK and the rest of Europe. Captive International reports.
Various captive insurance domiciles currently on the EU’s ‘grey list’ have been asked to address concerns relating to economic substance lest they get put on the blacklist. But what exactly does that mean? Captive International has the details.
Premium financing has been gaining traction in the pure captives space—but what are the benefits? Dan Duncan of MW Premium Finance Corp has the details.
Hugh Rosenbaum is sceptical about the insistence on “market rates” by critics of captives and it’s beginning to sound to him like another commercial insurance anti-captive argument.
Moody’s ratings agency has faced allegations from a former employee around the accounting practices of its captive, Moody’s Assurance Company. Matthew Queen of Venture Captive Management looks at the wider implications.
US tax reform, natural catastrophes and new technologies are all shifting insurance market conditions, which is having an impact on captives in Bermuda, explains Gary Harris of Appleby.
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.
Guernsey’s longstanding business ties with China are starting to generate captive insurance business from the country, says Dominic Wheatley of Guernsey Finance
With the right resources, accountability and proactive management, group employee benefit captives can save employers money, reduce claim costs and bend the medical trend curve, says Wendy Dine of Strategic Risk Solutions.
For products that are difficult or even impossible to insure, the combination of the blockchain with parametric triggers seems to reveal possibilities which previously could only be dreamed about, says Tatjana Winter of the BlockART Institute.